eBay to accept cash, PayPal as payment options

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eBay in Australia will be the guinea pig for their new policy to accept only PayPal and cash as payment options, removing direct debits, money orders and personal cheques as of June 17.

As of this new policy, people will now have to use Cash-on-Delivery or PayPal, which accepts credit cards and direct deposits – for a fee between 1.1 to 2.4 percent.

eBay has defended this move, but customers won’t be happy. eBay’s spokesperson acknowledged this fact, but also added that it would benefit users for security.