I sold on eBay back in the early 2000s before they bought Paypal and forced everyone to use Paypal as a means of payment and at least half of my winning bidders paid through other means. What I have found is that by limiting people only to Paypal it has turned off some buyers to ebay. I use to get many more bids on ebay on my auctions than I currently get and believe having Paypal as the only Payment option has turned some buyers off.
If you don't mind can you give me your ebay and ebid selling accounts? I'd like to check out your coins.
I joined ebid years ago but never really did anything with it. I'd completely forgotten about them until I received an email a few days ago. I'm happy to hear positive reports from sellers and will check it out. ebay needs competition!
.....open a eBay store.... FVF drops to 6% (for coins), no insertion fees, no picture fees. Of course, it all depends on your velocity. I will lose $15 bucks a month, but it the long term, I will save WAY more in fees. Just on my first week back to selling, I will save over $80 bucks. Gets the fees down to 9.9%. Gotta pay the devil to play the game. On a Payment Processing side, I wish Discover (honestly, anyone large for that matter) would come out with a form of PayPal.
I didn't know that 6% sounds reasonable if your a serious seller. Maybe I will give opening an ebay store a shot as I already have an account there. But Americans should give ebid a try too as to not like ebay hold all the cards.
Well eBay tried (BidPay) and it failed (So they bought PayPal which is interesting since when PayPal first started they warned all their users it was a most likely a scam and they should avoid it.), Yahoo tried, Google tried, the credit card companies have no reason to since they already have their cards.