Fair, although given their global reach and the relatively low value of most transactions there, it’s understandable why that isn’t an easy solution.
Meaningful KYC as fraud prevention on eBay would probably practically result in them limiting service to a handful of countries. Global banks don’t find it financially worthwhile to serve the entire world with KYC for customers with millions of dollars of deposits.
Meaningful KYC as fraud prevention on eBay would probably practically result in them limiting service to a handful of countries. Global banks don’t find it financially worthwhile to serve the entire world with KYC for customers with millions of dollars of deposits.