TM mandating Ping payment option

[harm_less]

haven't had anything myself in the email, i wonder if this is something they are introducing for intrade accounts maybe.  I saw a reddit post from months ago on much the same subject so maybe something they are phasing in...  I think they want to become more of a market place than an auction site now days

I usually stick the prices up to 9999 or some unreasonable amount so no one buys, to avoid there stupid $4 withdrawal fee.  If it were me i'd reply to that email and say as of Friday I will no longer be listing anything with TM...  nothing like immediate feedback

The TM email has a no reply return path, and yes it was to In Trade sellers. I've changed our TM profile to tell prospective buyers that we'll be discontinuing listings there but stopped short of providing our website URL to avoid losing the account altogether.

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yeah agree given they take 7% of anything i sell i don't feel like letting them have any more.  so basically no more paying by cash is it?

Under a heading "Ping on Every Listing"


Kia ora Tony at harm less solutions,

To create a safer and more streamlined experience for you and your buyers, we are updating the accepted payment methods for in-trade sellers on Trade Me.



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

    The available payment options via our website, app, and for listings created via listing tools will be updated from Monday 3 November.
    Your current active listings will remain unchanged until they expire and are relisted after the date of change. Once they relist or are edited, Ping will automatically be added and bank transfer as a payment option will be removed. You can still accept payments via Afterpay and cash.
    All new listings from this date will have Ping automatically enabled as a payment option and you can choose to add cash and Afterpay.

What you need to do

To ensure you're ready to accept Ping payments, check that your correct NZ bank account is linked to your Ping account.



When you receive a payment via Ping, a transaction fee of 2.19% will be deducted from the total amount the buyer pays (including shipping). If you choose to offer Afterpay, a transaction fee of 4.95% is deducted from the total payment amount (including shipping).



Ping and Afterpay payments are covered by our Buyer Protection policy.



By moving to secure payments, we're better protecting your business and our members with every transaction.



Ngā mihi,

The Trade Me team"