Different trading systems

I've re-created this thread so that I can add a poll, and because people didn't bother reading in the last one. If you were trading on a website, which system would you prefer? This is a general trading question, and not related to Sythe.org.

Option #1

The "Craigslist" type of site, exactly what Sythe is. You can list things for sale and get people to contact you, but the site itself does not handle the money for the trade. They offer middlemen to help make it smooth, but there can still be charge backs and other problems.

Option #2

The "PlayerAuctions" type of site. You buy credits from the site for money, in a way that CAN NOT BE CHARGED BACK. These credits never lose value as they can always be cashed out from the site for the same price. You can never be charged back, but it limits your payment options to that site's credit system (which can be purchased using maybe Bitcoins or WU - NOTHING THAT CAN BE CHARGED BACK). However, the site keeps 2-3% of all tokens as a fee when you transfer them to other users and/or purchase items.​

Thanks for your feedback on this general survey, again, not related to Sythe.org. It's just a question in general to determine user experience.​

 

I honestly prefer the current style. Mainly because in order to host the player auctions type of services that you've suggested users will have to provide personal information, which in most cases when you're a new user looking to join a site you won't want to give that type info, unless you plan on becoming a long term member of the site and trust it's credentials. I understand the method you're suggesting i just honestly prefer the browse and find other users that you feel are trustworthy method

 

There's no requirement to submit personal information for any reason... Again, please follow the scenario exactly and don't add to it.

 

I voted for option one because of a few reasons. Although option 2 is really nice in terms of security.

1. If people get chargebacks it's honestly their fault. I would never take paypal from anyone unless I was 99.99% sure they wouldn't chargeback. Majority of gold sellers who do get chargebacks win a lot of them because they follow the correct security procedures to prove that the payment wasn't unauthorized.

2. Option 2 will basically have a negative impact on competition. Everyone will go for penetration pricing and gp value is already pretty low. People will buy the cheapest option and although I'm not saying it's a bad thing, it will have a negative impact on competition esp for people who have worked hard to get big in the market.

3. There are already other payment options that individuals can take in order to avoid chargebacks.

 

you're saying that in order to make the credits unable to be charged back, you wont need personal information from the user? say they buy the credits, then buy gold with the credits, then charge back the credits, how would it handled?

 

THERE IS NO POSSIBLE WAY TO CHARGE BACK BITCOINS.

 

How many people look to buy gold specifically with bitcoins? your suggesting adding a method that is already safe for users to use on their own, without adding a new system.

 

It was an example, there would be many other methods. The point of that was that IN THE SCENARIO I CLEARLY STATED THAT THERE IS NO POSSIBLE WAY TO CHARGE BACK TO THE SITE. Follow the scenario and vote BASED ON THAT FACT.

 

I understand the idea, but why pay 2-3% fee to the site if you can safely accept or trade bitcoins freely on your own, or find trusted people to send WU to.

 

There will be other methods, holy shit dude.

Just vote based on the information I presented in this MADE UP SCENARIO.

 

you can't exactly ignore chargebacks when it's going to be the sites money invested in the credits, any method that can't be charged back people can do on their own safely as long as they're smart enough to find a legitimate seller, without paying a fee.

 

It's easy to ignore charge backs when it's a made up scenario and doesn't have charge backs. No, it's not easy to do on your own when you need to find middlemen and find someone willing to accept that payment method, where this method would combine many methods and allow you to cash out using even more methods.

 

Specifically following your made-up scenario, I like #2 better, but I have to admit that there are some substantial problems with it from a logistics standpoint - namely that most people use PayPal for transactions here, so removing that option in standard Sythe-based trades may deter buyers from using the site. Many people choose Sythe over PA right now for that reason.

 

Our site uses Option #2. Usability is a huge issue, essentially using the site as an option for a middleman still won't prevent a lot of scams.

 

For this reason alone, option 1. Sellers have the choice of accepting a payment method that is safe as is, they don't have to pay 2-3% to the site.

 

This is posted in market discussion which is why you're getting the responses you're getting, you should post in general discussion if you want general answers.

In a perfect world obviously option 2 will be more popular, which is why eBay is so big.

 

When has market discussion ever JUST been about Sythe.org? I see threads in here for other sites all the time.

 

Im not saying there isn't threads about other sites in this section, just saying the majority are related to the Sythe market.

 

Id prefer option 2, as busta said, it would be more popular.

The problem is the handling, Sythe would need to pay people which would also mean needing start up money. Another problem is big traders would probably be against it because eliminates the reason they have a site. Sythe ads will also be gone, because I doubt usfine would pay for an ad on a site that basically sells gold where it is more secure.

So this could be a big risk for richard. Playerauctions also deals with Paypal, and that's what makes it so popular. Any big seller who is selling a large amount of gold to an untrusted person, that wants to use paypal only, would redirect them to playerauctions. Paypal is the most popular method of payment today, unfortunately, but it also is one of the most dangerous methods any seller could use.

 

Option #2 - Safer and more people will use because of that.

PayPal is risky business for sure due to chargebacks but a bunch of steps can help prevent it which weeds out the scammers and the legit buyers.