The majority of eBay sellers are now on the new payments experience worldwide.
By managing the end-to-end payments process on its platform, eBay is creating a more streamlined experience for customers
Starting in April 2021, eBay will expand its management of payments for sellers in Greater China.
During the third quarter of this year, eBay managed payments for over 20 percent of on-platform volume, with over 340,000 active sellers enrolled in the program worldwide.
As the company scales its managed payments offering, customers in these countries will join the streamlined experience in early 2021.
The pilot program is live now and is compatible with eBay’s managed payments program.
eBay is expanding its management of payments for buyers and sellers in five countries.
The company’s multi-year payments initiative reaches a major milestone as the Operating Agreement with PayPal expires.
What we’re doing stretches beyond payments; it’s about how eBay is optimizing its marketplace for both buyers and sellers.
With our customers’ feedback in mind, we’re accelerating the evolution of our managed payments experience worldwide.
Later this year, Australia and Canada will be the fourth and fifth countries where eBay will manage payments.
The United Kingdom will be the third market to introduce eBay’s managed payments experience, continuing the program’s global expansion.
Introduction of eBay’s new managed payments experience in Germany marks a further significant milestone in the company’s payments journey.
Our new program, which expands payment options on eBay, has processed over $636 million in payments for more than 6,000 sellers since its fall 2018 launch.
Germany to be second market.
We’re adding new payment options, offering buyers flexibility and choice.
Managed payments represents a tremendous opportunity to grow and attract new buyers that we haven’t reached before.
Increasing choice and flexibility for millions of buyers is a key priority as eBay expands its new managed payments experience.
Our new payments experience is driving GMV and seller savings.
Hear insights about our new payments experience from longtime seller Danny Hone