Trade Me payment options changes anger professional sellers

Trade Me payment options changes anger professional sellers
Commerce Commission gets 29 complaints after the change to payment options. (Image: Getty)
Andy Macdonald
Online marketplace Trade Me is clamping down on how professional sellers get paid – a move that’s sparked anger among traders and prompted a wave of complaints to the Commerce Commission.From Nov 3, in-trade sellers will only be able to use Ping, Afterpay and cash as payment options in new listings. Ping has a transaction fee of 2.19%. Afterpay is a buy now, pay later platform with a fee of 4.95%.That means bank transfers, commonly used as a payment option and transaction fee-free, will not appear as a payment option for i...

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