robbo Posted February 2, 2018 Share Posted February 2, 2018 It looksa s if Ebay and moving away from Paypal as a means of paying for items, below is an email that I got this week and no doubt others will also have had it, do we think that this is a good idea? I for one think that the combination of Ebay fees and the deductions that Paypal take make selling on there a very expensive proposition but at least there is the Paypal buyer protection eBay is happy to announce plans to further improve the customer experience by intermediating payments on our Marketplace platform. In doing so, eBay will manage the payments flow, simplifying the end-to-end experience for both buyers and sellers. We have signed an agreement with Adyen, a leading global payments processor, to become our primary payments processing partner. PayPal, a long-time eBay partner, will be a payments option at checkout for eBay buyers. You do not need to take any action at this time. The transition to full payments intermediation will be a multi-year journey. Over the past three years, eBay has transformed its business to drive the best choice, most relevance and most powerful selling platform. Building out our payments capabilities is the next step in that strategy. Payments intermediation will bring significant benefits for eBay sellers. You can expect a simplified pricing structure, more predictable access to funds, and most sellers can expect their costs of payments processing to be reduced. We’re also working on ways to provide sellers a central place to track and manage their business, which can soon include payments information. By offering buyers more choice in how they pay and expanding payment options into more geographies, eBay believes sellers will be able to reach more buyers and improve conversion. The transition to full payments intermediation will be a multi-year journey. eBay will begin intermediation on a small scale in North America starting in the second half of 2018, expanding in 2019 under the terms of the Operating Agreement with PayPal. In 2021, we expect to have transitioned a majority of Marketplace customers to the new payments experience. Again, you do not need to take any action at this time. As eBay gets closer to the initial phase of its intermediation efforts, we will share more details about this process and next steps for sellers. In the meantime, please read the eBay Inc announcement for further information. For any immediate questions or to share feedback, please email paymentsinfouk@ebay.com. We’re looking forward to what’s next, and to getting there with you. As always, thank you for selling on eBay. Kris Beyens, VP & COO eBay EMEA Link to comment Share on other sites More sharing options...
Janval Posted February 2, 2018 Share Posted February 2, 2018 Haven't received this, but seems like it will be an option for buyers alongside paypal. Link to comment Share on other sites More sharing options...
Hajo Posted February 8, 2018 Share Posted February 8, 2018 Never seen this email before, but I have used Paypal for many years with great pleasure and will do so for many years to come ... I have no use for something other than Paypal. Link to comment Share on other sites More sharing options...
AndyB Posted February 8, 2018 Share Posted February 8, 2018 I think anyone who uses Ebay will have had this message. I must admit I will seriously look at this when it comes, as PayPal, while very good and trustworthy - is expensive I think. Not being a techy person, I cant really see how they can improve on PayPal, especially as more and more places now have PayPal as an option. It may be good for sellers though, if PayPal decide to have a shooting match and reduce their fees....? Link to comment Share on other sites More sharing options...
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