laverda - the sale is still GST applicable (for those GST registered) - the form of payment doesnt change that. Also, the buyer doesn't pay 2.19% for ping. They pay a fixed rate - see below. The % they pay range from 0% (under $20) to 5% eg $0.99 on $20, 1% eg $0.99 on $100.01 $0.00 - $20.00 = Free $20.01 - $100.00 = $0.99 $100.01 - $250.00 = $1.99 $250.01 + = $4.99
Not sure how cash = bank deposit from a TradeMe payment option is concerned. Trademe is referring to handing over actual money when you go to collect something on pick up ("cash on pick up"). However I do find the "policy" from trademe confusing/contradictory. On one hand, they state that using bank deposits is against their policy and if you use this you "may" have action taken against your account. On they other hand, they say that people can pay for postage using bank deposits IF the postage amount was not included in the original auction.
Yes you do. You need to do a ping refund of the overcharged amount and the ping fee will also get refunded
Yes economics and accounting, plus Ive dealt with law including internation law in previous jobs. I do think you are overthinking it. Trademe simply sees it as a money maker, no other "international" reason. Its a company that wants (needs) to make money for its shareholders like any other company does. Nothing sinister. I dont want to read any books, i thought you were saying there was some specific rule of law thats being broken here. Im happy to read that. I dont have the time or care to go on some "fact busting" exercise.
Well thats a bit of a contradiction to their policy of not allowing deposits. The PING fee is on the postage too so I expect they do want their cut from it
The problem will come when someone either doesn't have their post costs listed, or the buyer selects the wrong postage optiion (eg not rural when it should be). Sometimes I have buyers who want to upgrade their postage method after the auction. Normally in these circumstances, the extra amount is paid via bank transfer. I have seen some suggest to cancel the trade and redo it with the correct amount which seems a bit onerous when a simple bank deposit would resolve it. How is trademe going to treat these with their policy of no bank deposits?
Some don't read the prices correctly, some try to get out of paying the extra and for some it's because different courier companies treat some addresses as rural and some not. Either way, don't send it until they have paid the full amount
Just to be clear, Im not against the use of PING and Im in no way encouraging others to go against trademe's policy. Whether people like it or not, it's trademe's site and they can set whatever terms they like so long as they are legal. Its members choice whether they what to use the site based on these policies
As I said in my caveat, I hadnt read anyrthing saying it was outright banned - thanks for confirming this.,