HI ALL even more interesting is paypal will give 1099s for sales over 20000. or transactions over 200 for the year according to an irs letter i got recently mmmmmm In a message dated 9/13/2008 2:47:51 P.M. Eastern Daylight Time, john9ten at pacbell.net writes:
Hi all I wanted to hear your thoughts on this. I just got a notification email from Auctiva about changes eBay is putting in place in the coming months. One of them is that they are no longer going to allow paper payments, i.e. money orders or checks as a form of payment. Excuse me, but shouldn't it lie with the seller what form of payment to accept?? This is going to cost them a lot of business from sellers and buyers who will not use Paypal. Of course since eBay owns Paypal, they are foreseeing a swell of business and fees... Here is the text of eBay's communication on this: Beginning late October 2008, all items listed on eBay.com must be paid for using one of the following approved payment options: Direct credit or debit card payment via a merchant credit card account PayPal ProPay Payment on pick-up Paper payment methods such as checks and money orders will no longer be accepted on eBay.com. By January 2009, all approved electronic payment methods will be integrated into eBay checkout. For example, buyers will be able to enter their credit card number directly into eBay checkout, and the payment will be routed to the seller's Internet merchant account or to their PayPal account. Please note that the new payments policy will not apply to the vehicles categories in Motors, capital equipment categories in Business & Industrial, Mature Audiences and Real Estate. John Robles _______________________________________________ Phono-L mailing list http://phono-l.oldcrank.org **************Psssst...Have you heard the news? There's a new fashion blog, plus the latest fall trends and hair styles at StyleList.com. (http://www.stylelist.com/trends?ncid=aolsty00050000000014)
