[LINK] Age: 'Reserve Bank could scuttle eBay's plans'
Brendan Scott
brendansweb at optusnet.com.au
Wed Apr 23 13:37:43 AEST 2008
Roger Clarke wrote:
> Reserve Bank could scuttle eBay's plans
[]
> The move by the auction site is presently limited to Australia only and
> will hit sellers with extra fees because PayPal charges them a fee of
> between 1.1 and 2.4 per cent to accept payments - usually using credit
> cards - via the service.
Interestingly this is exactly the business model Microsoft was attempting to get off the ground with the Microsoft Network (MSN) in the mid-90s (be the platform for sales and take a cut off every transaction). The more things change the more they stay the same...
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