eBay is banning the use of money transfer providers such as Western Union and MoneyGram in a bid to prevent online fraud.

The auction site is working with the Metropolitan Police, and from mid-January it is unlikely that any police investigation will take place into eBay fraud cases where a money transfer service has been used.

eBay and Western Union have both long advised eBay members not to use money transfers when buying on eBay. Now eBay is going a step further and banning them outright from 15 January 2006.

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Posted: 12|22|05 at 5:47 pm. Filed under: Auction News.