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<p>[QUOTE="Conder101, post: 7870948, member: 66"]And at the time ebay warned you that they were JUST a venue and transactions were all caveat emptor. If you had a problem with a seller or a seller had a problem with a buyer, it was none of ebays business and they would not get involved in any dispute.</p><p><br /></p><p><br /></p><p>Paypal was still about three years in the future. (founded December 1998) Then when it did come along it offered anyone who signed up $5, and they promised they would always be a free service with no fees. The reason being because the transaction money would tacke about four days before being credited to the sellers account and paypal would derive their income from the four day float interest.</p><p><br /></p><p>Ebay advised everyone to stay away from Paypal because they thought it was a scam. Then when it became the popular way to pay on ebay, they bought the company. I don't remember if the fees came before or after they were purchased by ebay. Probably before and ebay wanted that piece of the pie.</p><p><br /></p><p>I've been a member on eBay since April 18, 1998.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 7870948, member: 66"]And at the time ebay warned you that they were JUST a venue and transactions were all caveat emptor. If you had a problem with a seller or a seller had a problem with a buyer, it was none of ebays business and they would not get involved in any dispute. Paypal was still about three years in the future. (founded December 1998) Then when it did come along it offered anyone who signed up $5, and they promised they would always be a free service with no fees. The reason being because the transaction money would tacke about four days before being credited to the sellers account and paypal would derive their income from the four day float interest. Ebay advised everyone to stay away from Paypal because they thought it was a scam. Then when it became the popular way to pay on ebay, they bought the company. I don't remember if the fees came before or after they were purchased by ebay. Probably before and ebay wanted that piece of the pie. I've been a member on eBay since April 18, 1998.[/QUOTE]
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