Is this a new scam?

Hi there !

Had an email today from 'Ebay', telling Me that I need to change My selling payments from PayPal to EBay direct.

I have had a quick look on Google and there has been talk of payment methods changing, but the alarm bells rang when It was easy to change over, just supply My bank details............

I didn't obviously.

Anybody else seen this one?

Cheers Pete.

Yes Ebay are changing the way you have to manage the funds when you sell goods - It is not a scam - check your Ebay messages to find out the details. Whether you are prepared to give Ebay access to your bank account is an entirely personal choice !

Apparently Paypal is still good for buying from Ebay.

Nothing in my messages yet.

Have been using ebay for ages but rarely sell stuff now. I do not feel inclines to give them my bank details. Looks like it will by buying only in the future.

Selling on Ebay has now become less attractive....Gone are the fees paid to Paypal because the buyer pays directly to Ebay and they in turn pass on the proceeds to the seller after taking their cut...

From what I can gather Ebay fees are now more than what Paypal would have charged plus the selling fee for Ebay combined...making it less attractive to sell a low value item inc postage.

As a consequence of this, even buying would be less attractive too because sellers are likely to increase their prices to accomodate the rise in fees.

I for one will not be selling on eBay anymore. They keep the payment for two days but you still have to post the item within your three day posting time. No way to link payment from funds recieved to Hermes etc. John

BUT, how do you know that email is not a scam? Seems very much like it could be one, if asking for any personal details. If an email asks for any such details, it is a potential scam in my book. I only believe it if it arrives in my ebay messages.

Just check your messages on your ebay account. That' what I did because I thought it was a scam at first. The bank details they ask for are just for paying in so that shouldn't be a problem.

Do what I did. Log onto your eBay account. Find contact us and ask for ring back. That way you talk to a real person. Then you can rant and rave or just do what they want. I said no so we will wait and see. They said they can pay to a credit card account so you do not have to give bank details.