Australian online auction site OZtion reports a 22 percent growth in listings to approximately 580,000, following eBay Australia’s announcement that all items must be paid via PayPal. Daily new member registrations have increased by 165 percent and daily new sellers registrations by 300 percent. OZtion's registrations have reached over a quarter of a million. Traffic has also increased to over 2 million visitors per month.

OZtion experts believe that such increases across most metrics reflect the fact that Australians are looking for alternatives to eBay and will not be using only the PayPal option. 79 percent of buyers favour payments by bank deposit, according to OZtion internal data.

In terms of fraud prevention, OZtion has developed a suite of identity checks for its members and has also teamed with Australia Post to provide the level of identity check which is required to open a bank account.