Ping, AfterPay and Cash now only options from November

I am pretty sure what is happening here is just they want to remove liability.

They lost a few cases that were reported in the media with hacked accounts and bank transfers were routed to Wise accounts and they had to payout.

They still fully expect people to continue using bank transfer, but if you do and have issues: Not our problem you used an non supported off platform payment method.

With payment ID the chances of bank fraud are greatly reduced so this is a questionable excuse.

The thing with that argument osiris2 is that the hacked accounts were private / casual accounts. They are not restricting those accounts, only in-trade sellers. So it wouldn't have stopped those from happening and won't in the future either. 

@osiris2 & Callum

Surely the solution to potential liability would be best addressed by including a warning point in TM's T&Cs in regard to payment method safety rather than restricting and taxing all In Trade sellers in the way they have.

I think it's fairly well covered in the T&Cs already harm_less. It's mentioned in a couple of places. I seem to get fairly regular general emails too from Trade Me telling me of the benefits of Ping over bank transfers for safety as a buyer. Trade Me probably don't HAVE to pay out if someone gets burnt doing a bank transfer. They may have decided to as a PR exercise, especially if those cases made it to the media. Usually they just shrug and send buyers off to the Disputes Tribunal if they've done a bank transfer and been caught out. 

So in other words, PING is being mandated merely as a money grab by TM so they can click the ticket again. But WHY is it only being forced on In Trade Sellers? I believe it is due to ITS needing TM more than casual sellers and therefore the majority will roll over and acceptvthe extra fees. If it applied to casual sellers too, they would just move to sell on FB.

sledgenzr

That's pretty much my take on the situation. We have a long established website to revert to so are longer listing on TM as a result and it would be interesting to know how many others have withdrawn trading here similarly.

100%. I'd love to see TM attempt to apply the Ping-only method of payment to their casual sellers. Maybe if we are good boys & girls they'll reward us with an annual Ping-free day.  

@harm_less I have stopped listing altogether. I don't have a website but i was a tiny tiny seller to begin with. If Trade me can do away with people for breaching their trust. I have returned the favour! I think they are breaching my trust. my sales as i said before ware just a tiny tiny drop in the grand scheme of things. but imagine if many people like me just didn't bother listing anymore. Calling for Karma Universe! Calling for Karma.

Interestingly, since the ping thing was announced, there have been 24,842 new active members listed on the TM stats page (a total of 6,015,057 active members at 14 Nov.). I wonder how many of these are In Trade Sellers that have quit being in trade and have opened new casual accounts due to their dissatisfaction with this?

sledgenzr

To be honest, I wouldn't put much faith in Trade Me statistics. 

What defines an 'active member' ?

Is an active member someone who adds an item to their watch list?

What about a member that hasn't looked at Trade Me for 6 months, but unknowingly still gets items added to their watch list automatically every time that item is relisted, because the member happened to add it to their watch list once, 9 months ago....

I didn't even get an email about this. Such an awful change.

Interesting.

I just happened to be browsing some listings and noticed two of the largest disposal/liquidation sellers on Trade Me and both are offering Bank Deposits for payment. Both are In Trade. The payment options on one is "NZ Bank Deposit, CREDIT CARD +2% convenience fee" and the other is "Ping and NZ Bank Deposit" So one doesn't even have the mandatory Ping option.

How is this possible, when Trade Me are saying all In Trade sellers must use their Ping payment option.

More deceit?

Hi, I've noticed that with heaps of in-trade sellers too - hardly a level playing field!

Can you post a link to an auction, or a screenshot of it please? 

Henleyworks - what are the usernames of the two sellers?

Turners, Turners Trucks and Skylark were the ones that I noticed.

As pointed out, hardly a level playing field, but it hasn't been level for years, when you look at the influx of overseas sellers and the dodgy practices they seem to get away with.

I can't comply with Ping terms and can't justify giving anymore to TradeMe as they are already taking a sizable cut. So just going to sit back and see if there is any positive outcome with the ComCom avenues. Hopefully TradeMe see sense and drop the mandatory Ping nonsense and allow In Trade sellers to use their preferred option of bank deposits, if they wish.

Are you able to get back to any of the listings for actual usernames?

Here are some titles to search for:

2007 Isuzu NPR Tipper (CHC)

Bloom By Stoneleigh & Roberson - Large Urn w/ Base Water Feature 1910mm *NEW*

Stainless steel incline conveyor

Shortsbandy, do you have any examples of usernames?

Mine for a start.

Shortsbandy, looking through your listings I can only see ones that have ping enabled?

shortsbandy

I have just looked at the Tu******'s example, Very unfair, even looked at their Bad feedback?, yes not a fair playing field at all?,

Ping & Cart (not set up) been forced on me, a small stay at home seller, 21 years over 21,000 trades 100% feedback but now getting punished with extra fees we cannot absorb?, sales down so less food going on the table, so TM can line their own pockets, They need to take their Blinkers off to see the bigger real world out there, The unofficial Intrade Casual sellers avoiding the correct fees etc. and take advantage of the fee free days, absolutely shocking, 

“From Monday, 3 November, new listings from in-trade sellers will exclusively use Ping, with cash and Afterpay as optional additions.”

“From Nov 3, in-trade sellers will only be able to use Ping, Afterpay and cash as payment options in new listings. That means bank transfers … will not appear as a payment option for in-trade sellers.”

So I am able to have the bank deposit option on auctions that I relist only. But have to manually relist (edit) and have to click the option of bank deposit when it normally was already ticked previously before the new rule came in. If I do a quick auto relist, only the Ping option is available and if I list a new item, only Ping is the option.

So is this possible the case with the ones referred to previously?

crystal69,

That doesn't work. I just relisted 3 of our items and despite Bank transfer showing as an option during the manual relisting process all reverted to Ping or cash only  once listed, and those listings I've subsequently removed due to this.

@Harm_less: does removing a listing not incur a $3.50 fee for in-trade sellers?

markuswinter

You can withdraw your listings within the 1st hour without incurring fees, also Multi quantity listings through My Products can be withdrawn at anytime without incurring fees,

There is a "intrade" seller on the site which I will not name as it's forbidden who has counteracted the forced ping & cash only by starting another trademe account but this time going "casual" to avoid all the fees & to have only cash & bank deposit options.They have exactly the same TradeMe name as their"intrade" name but has added "1" to the end of it ! They are selling exactly the same things as their "intrade" account & to top if off they state on all of their auctions (both accounts) to pay by bank deposit only & have even given out their bank account details on the actual auctions themselves.Totally forbidden by TradeMe.I have reported them twice but TradeMe has done nothing about it.Absolutely ridicious.

harm_less. I see you are correct. 

Not meant to be this way. They said only new listings would have the mandatory PING payment imposted.

So angry with TM and this stupid rule.