eBay permits the listing of inactive or expired credit or debit cards, provided that the expiry date on the face of the card is at least 10 years old. Such 10-year old, expired debit/credit cards may be considered 'collectable' and may have some collectable value. Sellers should examine the terms and conditions on the card to ensure that the sale of the expired card is permitted.
If posting a picture of the card, the seller should cover or block out at least part of the name and/or credit card number.
Violations of this policy may result in a range of actions, including:
Limits placed on account privileges
Loss of PowerSeller status
Roland lists his valid credit card on eBay. This is a violation of eBay policy because the credit card is not at least 10 years old.
Elaine lists a credit card for sale on eBay, but the credit card company retains ownership of the credit card even on issuance. Therefore, this is a violation of eBay policy because the credit card issuer’s policy does not allow the resale of its expired credit cards.
Privacy laws in Malaysia
Malaysia does not have a specific privacy law. However, the Malaysian government has plans to enact the Personal Data Protection Act which will regulate the collection, possession, processing and use of personal data and the Electronic Transactions Act which will facilitate transactions carried out by electronic means.
Why does eBay have this policy?
eBay urges sellers and buyers to comply with all governmental regulations and laws. Unexpired credit or debit cards cannot lawfully be transferred from one person to another. As a result, sellers may not list such items on eBay. The transfer of recently expired credit cards raises privacy concerns and creates the potential for abuse. Therefore, such items are also not permitted on the site.
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