Hmm...Bidpay shutting down on 12/31/05

Sysbuilder05

Senior member
Nov 10, 2004
409
0
0
Were they better than Pay Pal,worse? Didn't seem like they were around all that long. Weigh in.....
 

KarenMarie

Elite Member
Sep 20, 2003
14,372
6
81
Iirc, Ebay owned them. But I could be wrong about that.

The same as paypal, and ebay pushed them as competition to PayPal. the ebay bought paypal and is doing away with bidpay.

correct?
 

imported_Snagle

Golden Member
Sep 28, 2004
1,805
0
76
Originally posted by: KarenMarie
Iirc, Ebay owned them. But I could be wrong about that.

The same as paypal, and ebay pushed them as competition to PayPal. the ebay bought paypal and is doing away with bidpay.

correct?

incorrect. BidPay is owned by Western Union, it's independent of eBay
 

KarenMarie

Elite Member
Sep 20, 2003
14,372
6
81
Originally posted by: Snagle
Originally posted by: KarenMarie
Iirc, Ebay owned them. But I could be wrong about that.

The same as paypal, and ebay pushed them as competition to PayPal. the ebay bought paypal and is doing away with bidpay.

correct?

incorrect. BidPay is owned by Western Union, it's independent of eBay

then why did ebay push their service so hard against paypal at the time?

or is that just my viewpoint?
 

imported_Snagle

Golden Member
Sep 28, 2004
1,805
0
76
Originally posted by: KarenMarie
Originally posted by: Snagle
Originally posted by: KarenMarie
Iirc, Ebay owned them. But I could be wrong about that.

The same as paypal, and ebay pushed them as competition to PayPal. the ebay bought paypal and is doing away with bidpay.

correct?

incorrect. BidPay is owned by Western Union, it's independent of eBay

then why did ebay push their service so hard against paypal at the time?

or is that just my viewpoint?

I don't recall ebay pushing BidPay, but I probably wasn't paying attention to it back then. Regardless:

2. What is the relationship between BidPay and Western Union®?
BidPay and Western Union operate as subsidiaries of First Data Corporation. The money orders purchased through BidPay have always been Western Union branded.

Straight from bidpay.com
 

KarenMarie

Elite Member
Sep 20, 2003
14,372
6
81
Originally posted by: Snagle
Originally posted by: KarenMarie
Originally posted by: Snagle
Originally posted by: KarenMarie
Iirc, Ebay owned them. But I could be wrong about that.

The same as paypal, and ebay pushed them as competition to PayPal. the ebay bought paypal and is doing away with bidpay.

correct?

incorrect. BidPay is owned by Western Union, it's independent of eBay

then why did ebay push their service so hard against paypal at the time?

or is that just my viewpoint?

I don't recall ebay pushing BidPay, but I probably wasn't paying attention to it back then. Regardless:

2. What is the relationship between BidPay and Western Union®?
BidPay and Western Union operate as subsidiaries of First Data Corporation. The money orders purchased through BidPay have always been Western Union branded.

Straight from bidpay.com

ahhh... i see.

thanks.
 

Looney

Lifer
Jun 13, 2000
21,941
5
0
Originally posted by: KarenMarie
Originally posted by: Snagle
Originally posted by: KarenMarie
Iirc, Ebay owned them. But I could be wrong about that.

The same as paypal, and ebay pushed them as competition to PayPal. the ebay bought paypal and is doing away with bidpay.

correct?

incorrect. BidPay is owned by Western Union, it's independent of eBay

then why did ebay push their service so hard against paypal at the time?

or is that just my viewpoint?

I don't think ebay was pushing bidpay, but auctioners were (easier for them then paypal).l
 

Trikat

Diamond Member
May 22, 2003
3,384
0
86
Not too many people used BidPay. It was a lot more secure than PayPal by far! The only down fall was it was slower due to much better security, the receiving end paid the fines (good for sellers), and it wasn't as popular as PayPal.
I personally loved BidPay over PayPal, but the buyers weren't interested in BidPay.
 

trinketsummoner

Senior member
Aug 24, 2004
695
1
81
Bidpay sucked for buyers - you had to pay the fee, not the seller, and there was zero fraud protection if the seller turned out to be a scammer.
 

vegetation

Diamond Member
Feb 21, 2001
4,270
2
0
Bidpay was great, never a problem with fraud (unlike paypal=fraud heaven). Unfortunately, they had horrendous customer service, and eb*y was at war with them, basically stating in emails that western union should never be trusted. That probably killed them.
 

imported_Snagle

Golden Member
Sep 28, 2004
1,805
0
76
Originally posted by: vegetation
Bidpay was great, never a problem with fraud (unlike paypal=fraud heaven). Unfortunately, they had horrendous customer service, and eb*y was at war with them, basically stating in emails that western union should never be trusted. That probably killed them.


Bidpay/Western Union was the preferred method of buyers in Nigeria, why should they be trusted :laugh:
 

Slickone

Diamond Member
Dec 31, 1999
6,120
0
0
This isn't good. Especially since ebay changed their policy recently and sellers can't accept paypal unless they have premier account. So is there nothing like it left besides paypal now? Will banks ever offer electronic transfers to individuals?
 

imported_Snagle

Golden Member
Sep 28, 2004
1,805
0
76
Originally posted by: Slickone
This isn't good. Especially since ebay changed their policy recently and sellers can't accept paypal unless they have premier account. So is there nothing like it left besides paypal now? Will banks ever offer electronic transfers to individuals?

Google saves the day? read this
 

Slickone

Diamond Member
Dec 31, 1999
6,120
0
0
Originally posted by: Snagle
Originally posted by: Slickone
This isn't good. Especially since ebay changed their policy recently and sellers can't accept paypal unless they have premier account. So is there nothing like it left besides paypal now? Will banks ever offer electronic transfers to individuals?

Google saves the day? read this
Nice. :thumbsup:
 

Kelemvor

Lifer
May 23, 2002
16,930
7
81
Originally posted by: Snagle
Originally posted by: Slickone
This isn't good. Especially since ebay changed their policy recently and sellers can't accept paypal unless they have premier account. So is there nothing like it left besides paypal now? Will banks ever offer electronic transfers to individuals?

Google saves the day? read this

Yeah except that is 6 months old and nothing has been heard of that system since...

Everyone wishes Google would do that but it doesn't seem like it's happening any time soon.
 

vegetation

Diamond Member
Feb 21, 2001
4,270
2
0
Originally posted by: Snagle
Originally posted by: vegetation
Bidpay was great, never a problem with fraud (unlike paypal=fraud heaven). Unfortunately, they had horrendous customer service, and eb*y was at war with them, basically stating in emails that western union should never be trusted. That probably killed them.


Bidpay/Western Union was the preferred method of buyers in Nigeria, why should they be trusted :laugh:

Because a bidpay payment was a guaranteed form of payment to the seller. Paypal was not and never will be a guaranteed form of payment = chargeback heaven.
 

eplebnista

Lifer
Dec 3, 2001
24,150
36
91
eBay used to push Billpoint(their own payment system), until they realized it would never catch on and just bought PayPal and quietly phased Billpoint out. I used BidPay like three times before I discovered PayPal, and haven't used anything but an occasional USPS money order since.
 
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