eBay Payments: Where We’re Headed this Summer and Beyond
What we’re doing stretches beyond payments; it’s about how eBay is optimizing its marketplace for both buyers and sellers.
Shoppers expect to be able to check out and pay on the site where they’re shopping. eBay will now manage the payments transaction, which means shoppers will be able to complete their purchases all on eBay.
Data as of April 29, 2020.
For Shari Smith, selling on eBay means the flexibility to spend more time with family. Managed payments adds automatic payouts and fewer accounts to track. “At the end of the year, it saved me a week of accounting – and time is everything to me.”
After enrolling in managed payments, DetroitAxle owner Mike Musheinish says the biggest benefit to his business is the savings on the payment processing fees on each transaction. “Anywhere we could save, eBay’s helping us do it,” he says.
Seller Bhaumik Gandhi of Bargain Dental Supplies says the biggest advantage of managed payments is the speed of payouts transferred to his bank account after his customers make purchases.
Owner of ClubRed97
Owner of HoneVille1
Owner of PowerSellingMom
Visit the managed payments page on the eBay Seller Center for more information about managed payments including answers to frequently asked questions, details on our timeline, how to participate, benefits to sellers, and more.
By the end of 2020, eBay will manage payments for most sellers. Check your email address on file, or My Messages on eBay for a notification from us to register and have eBay manage your payments. If you haven’t received a notification yet,?express your interest.?