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In high school I used to sell this kind of stuff on eBay. Some of the reasons people buy cards/certs online: 1. Foreigners. People in Europe want to buy produc
by alaskamiller 18y ago
In high school I used to sell this kind of stuff on eBay. Some of the reasons people buy cards/certs online:
1. Foreigners. People in Europe want to buy products off US Amazon but don't want to deal with credit card or banking currency conversion fees or the address verification.
2. Lack of credit cards. Kids or something can use checking-backed PayPal but not credit cards.
3. Leveraging promotions. Microsoft cashback for buyers (10-30% discount on Buy It Now prices) was pretty popular and it completely fucked up eBay economy for awhile so thank god they stopped it. People also often get PayPal or eBay or credit card promotional coupons.
4. People are just stupid. This tends to apply to eBayers.
5. Fencing credit cards. Somewhat rare nowadays.
People also buy physical Staples and OfficeMax because they're percentage-based.
This is actually really shitty business for the seller since eBay/PayPal takes about 25% with their fees.
- alecco 18y agoWith some account-a-magic it might be used as some sort of tax evasion, too.
- arockwell 18y agoIts a way to get around VAT for euros isn't it?
- doug_m 18y agoI've friends who've done your point 1 for ITunes in the UK - register a US ITunes account with a relative's address but never set-up a credit card. Then you purchase ITunes gift vouchers for a dollar above value from ebay and apparently save 30% off the equivalent UK prices. The 30% being the figure in the heady days of nearly 2$/£1 - soon I guess we'll be selling the gift cards.