eBay Oligarchy Denies Users Desire for Google Checkout
eBay's stock price bottomed out at a 52 week low (also a three year low) of $26.57 per share the same day.
eBay's move does two things. It supports the claims of many users that eBay is no longer merely a venue, but rather a heavy handed oligarchy, who are only out to try to bolster stock prices (which, of course, they are doing very poorly). It also draws attention to Google's new Checkout system. There was no need to name all of the Payment methods NOT accepted in an email, but eBay chose to do it anyway. Great advertisement for Google.
I would also like to note, that after we at FireMeg questioned eBay's own auction listings for Meg & Bill's eBay Live polo shirts, which accepted "wire transfers" as payment, that eBay also included in their email that "wire transfers" are permissible if they are bank to bank. Instant cash wire transfers are banned.