New payment methods for private sales on eBay

Source: Heise.de added 21st Jan 2021

  • new-payment-methods-for-private-sales-on-ebay

From now on, private sellers will gradually be given the opportunity to move payment processing to the eBay payment platform. This goes hand in hand with new ways of getting the money from buyers.

Add to the previously usual ways of cash payment for collection, bank transfer and PayPal Payment methods such as credit card, online direct debit or instant transfer are also available. After deducting all fees, the sellers receive their money directly into their current account; eBay carries out the transaction itself. According to eBay’s press release, it doesn’t matter whether it’s an online auction or a sale on the online marketplace. With this step, the company is finally replacing its former subsidiary PayPal.

This is how the new eBay payment works According to the eBay seller portal, private eBay users will receive a message as soon as they can switch their account to the new payment method. According to the online help, in order to take part in the process as a seller, you have to identify yourself in a similar way to commercial sellers and store a current account connection in your eBay account. eBay wants to check the information within two working days. If the check fails, the service asks for a current account statement. EBay has also provided more detailed information on account verification in the online help. The company names the credit and debit cards from Visa, Mastercard and American Express as well as PayPal, online direct debit (SEPA), Apple Pay, Google Pay and Klarna Sofortüberweisung as supported payment methods.

The activation of the new Payment platform for private sellers is the last step in the reorganization of the payment process on eBay. It began with the separation from PayPal in the year 2015, which then became an independent, listed financial service provider. At the beginning 2018 eBay announced a cooperation with Adyen, a Dutch Payment Service Provider (PSP), which was to become the new primary payment service provider. EBay began the conversion for commercial sellers in September 2019, private sellers should use the new payment platform at the latest in the course of the year 2022 are available.

(mon)

Read the full article at Heise.de

brands: Apple  Direct  Google  It  New  
media: Heise.de  
keywords: Apple  Google  Payment  

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