eBay removes payment method to prevent fraud – here’s how it worked

eBay has made an important change that affects many users: From now on, payment by direct debit is no longer possible. The feature has been suspended to prevent fraud and possible identity theft.

eBay: Direct debit payments suspended

For a long time now, eBay has not only held private auctions; instead, many commercial dealers cavort on the extensive marketplace. Accordingly, the payment options have become more and more extensive over time. Customers and retailers now have to say goodbye to one of these payment methods. Until further notice is one Payment by direct debit on eBay is no longer possible.

The reason for the radical change are cases of fraud that eBay has observed together with the payment service provider Ratepay. Ratepay is responsible for direct debit payments on eBay if users of the platform do not want to use PayPal or credit cards. Now are well a “slew of” unauthorized purchases and requests for payment became known. So customers should pay for products that they hadn’t bought in the first place.

“We are working with Ratepay to solve these problems. In the meantime, the Ratepay direct debit is temporarily no longer offered as a payment option, ”says eBay. You want to make sure that it does not result in fraudulent purchases, in which identity theft also plays a role (source: Handelsblatt).

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eBay: Direct debit is not a fundamental problem

If eBay or its partner Ratepay have their way, there is basically nothing wrong with payments by direct debit. A there is no fundamental problem, which is why it can be assumed that eBay will allow direct debit payments again in the future.

at unlawful charges These can be booked back quite easily by direct debit. Eight weeks are available for this. In the case of fraud, bank customers even have up to 13 months, according to Stiftung Warentest.