January 2009

Safety Corner

Protecting Yourself from Phishing Scams

eBay will never send you emails asking your to update your account and then provide a link in the email for you to click for that purpose. While eBay will send you emails (and lots of themeither informational or promotional in nature), they don’t send out the type of “instant account management” email.

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What Is Not For Sale on eBay

Of course, you can’t sell just anything on eBaythere are some items that eBay prohibits you from selling. This list of what you can’t buy or sell on eBay makes a lot of sense; most of these items are illegal, are controversial, or could e xpose eBay to various legal actions.

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How eBay Auction Work

Before you can list an item for sale or place a bid on an item, you first have to register with eBay. There’s no fee to register, although eBay does charge the seller a small listing fee to list an item for sale, and another small transaction fee when the item is sold. eBay doesn’t charge any fees to buyers.

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What is eBay?

What is eBay? I think the site’s official mission statement does a good job of summing up what eBay is all about:

eBay’s mission is to provide a global trading platform where practically anyone can trade practically anything.

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eBay – Short History

eBay was born over Labor Day weekend in 1995, when Pierre Omidyar, a computer programmer, wrote the code for an auction website that he ran from his home computer.

Today, Omidyar’s hobby is known as eBay, the world’s largest online marketplace – where practically anyone can sell practically anything at any time. It’s an idea that BusinessWeek once called “nothing less than a virtual, self-regulating global economy.”

Information

Creating a Seller’s Account

If you intend to sell items on eBay, you’ll need to provide a little bit more information to eBayin particular, your checking account number and either a credit or debit card number. The credit/debit card number is for billing purposes; your card is billed for all seller’s fees you incur. (You can also choose to pay via checking account withdrawal; eBay bills your account once a month.) The checking account information is used to confirm that you are who you say you are, in an attempt to weed out fraudulent sellers from the system.

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