EBay’s Non-Paying Bidders
Posted January 12, 2007 - 20:27 by Amy Lin
EBay is an imperfect system, simply because for the most part it is run on non-binding contracts. You can’t make people who bid on your items pay, even though by bidding, they’re under “legal” contract to pay. EBay could solve this problem by charging buyers' credit cards (which they have on file) once they hit the “confirm purchase” button. But they don’t want to take that responsibility. I guess that would also give them another fee to charge sellers for.



Subscribe to all Wise Bread articles




Subscribe
All comments