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It seems like eBay wants it both ways. They want to have a huge user base with low friction to get started, but they also don't want fraudulent players. Instead
by kevsim 6y ago
It seems like eBay wants it both ways. They want to have a huge user base with low friction to get started, but they also don't want fraudulent players. Instead of doing KYC (know your customer) like many financial services, they're stuck doing dirty tricks like this to try and combat fraud.
- varjag 6y agoCheating is rampant in all financial services that mediate transactions between end customers. No shortage of stories about card fraud or PayPal woes.
- syshum 6y agoThat is largely down to the liablity being on the end points of the transaction not on the transport layer... Either the consumer or the merchant bears the cost for fraud, rarely does paypal or the banks if they did the problem of identity fraud would be solved, and would not be called "identity theft"
- Google234 6y agoWhy is it bad to have it both ways?
- bencollier49 6y agoBecause it's at the expense of the customer.
- Google234 6y agoFraud is at the expense of the seller and raises prices for the customer. I don’t see how this is at the expense of the customer, I just visit eBay and buy something if I want to.
- dawnerd 6y agoBanks also port scan. There was a list in the previous discussion.
- hazelnut 6y agoThey actually do KYC (but criminals can also fake it)