eBay Invites Sellers to eBay Payments “Beta” with Fee Discount Enticement
eBay has sent notices to select sellers inviting them to participate in an early release of the new payments program the company is launching and set to replace PayPal. Part of the email contains key benefits sellers would realize when changing over to the eBay Payments program.
READ MORE: eBay 2018 Summer Seller Update for U.S. Sellers
One place to sell and get paid: manage all your selling and payment needs from within your eBay account.
- Simpler bills: all your fees in one place on your eBay bill.
- Consolidated pricing: all your fees in one place on one bill, plus special pricing for early opt-in.
- Daily payouts: direct to your bank account. No need to transfer funds between accounts.
- New ways for buyers to pay: such as mobile payments with Apple Pay.
- Better protection: claim and chargeback seller protections provided by eBay, with one place to manage disputes.
- More control: accept your exclusive invitation now to get a head start on adapting your business to selling and getting paid on eBay.
eBay is offering special pricing for early opt-in but makes no comment on how long this discount will last. The invitation appears to be earlier than anticipated, but it also missing some key information such as pricing.
It appears that only US sellers received this invitation. The master agreement eBay has with PayPal is for only two countries to be included in the first wave.
eBay’s new Payment platform is powered by Adyen and will eventually replace PayPal as the default payment processor on eBay. However, eBay says sellers will still be able to offer PayPal as a payment method once the transition is complete.
Richard Meldner
Richard is co-founder of eSeller365. He has over 17 years of experience on eBay which includes tens of thousands of sales to buyers in over 100 countries and even has experience with eBay’s VeRO program enforcing intellectual property rights for a former employer. And for about two years Richard sold products on Amazon using Amazon FBA in the US.
To “relax” from the daily business grind, for a few weekends a year, he also works for IMSA as a professional race official.
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