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Lancemountain
Active member
Not sure if it's a viable solution, but man something's gotta be done.
The buyer has X amount of money available. When a bid is made, eBay places a hold on this money and removes it from the account when the bid wins an auction.
I listed a card during the free insertion period, sold for $40.00. buyer had 1 feedback :| so I knew it'd go south. In a few days his feedback jumped to 23, so hope was there. Today he got the boot from too many non-payment strikes.
eBay should place holds on funds in paypal/checking accounts on any bid made. And if it's a situation where you'd like to eventually bid more than what your current bid is (last second bids) there should be an option to "pre-approve" a larger bid on the item.
The buyer has X amount of money available. When a bid is made, eBay places a hold on this money and removes it from the account when the bid wins an auction.
I listed a card during the free insertion period, sold for $40.00. buyer had 1 feedback :| so I knew it'd go south. In a few days his feedback jumped to 23, so hope was there. Today he got the boot from too many non-payment strikes.
eBay should place holds on funds in paypal/checking accounts on any bid made. And if it's a situation where you'd like to eventually bid more than what your current bid is (last second bids) there should be an option to "pre-approve" a larger bid on the item.