eBay Brings Managed Payments to Germany
Sellers and shoppers on eBay Germany will soon experience faster and easier eCommerce transactions, thanks to eBay’s new end-to-end payments solution.
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After launching its Managed Payments offering in the US in late 2018, eBay is rolling it out in Germany, which is one of its largest markets worldwide. The eCommerce company is offering its German customers a variety of payment options, including credit card, direct debit, Apple Pay, Google Pay and PayPal.
“Bringing our managed payments experience to Germany will provide a diverse testing ground for more payment methods as we expand globally. When managed payments becomes available in Germany and we continue to offer additional ways to pay, our sellers will gain more opportunities to access new buyers, who in turn will be able to pay how they choose in the streamlined payments experience.” – Alyssa Cutright, VP of Global Payments, eBay
How sellers can benefit from managed payments?
To give buyers more choices and flexibility in choosing a payment method was eBay’s main objective when it announced that it will centralize the payments process on its marketplace.
As a result, eBay sellers will benefit because payments made to them don’t have to be coursed through PayPal; they will get these directly in their bank accounts.
What’s more, even though eBay has replaced PayPal with Adyen as its back-end payment processor, sellers don’t need to set up a new account as their existing eBay accounts will suffice for Managed Payments.
Aside from allowing buyers and sellers to pay and receive payments in one location, eBay’s new offering sure does simplify the process of managing one’s business on the marketplace. Don’t you agree?
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Dave is a Co-Founder of eSeller365. For over 10 years he has been involved with eCommerce with a particular interest in the marketplaces and the huge opportunities available for sellers when utilizing a multi-channel strategy. After a year of being the UK’s youngest eCommerce consultant, he built an education platform called UnderstandingE that showed the world how to utilize Magento as the “Third Generation of Multi-Channel software”.
Dave has also created a YouTube channel dedicated to entrepreneurship and eCommerce as well as a podcast dedicated to mental health awareness. When Dave isn’t working his main interests include learning and playing Chess, researching the Crypto and NFT space, and trying to find the nearest beach.