PayPal comes back to eBay
When eBay rolled out its eBay Managed Payments beta, sellers that signed up for it lost the ability to accept payments via PayPal.
Check Out These Resources
- Do you need a business bank account for your online business? Take a look at our review of the five best bank accounts for sellers, some of which are free with no minimum balance or deposits. [sponsored]
- Boost your social media engagement with Publer. Learn how you can save time writing engaging content faster with AI. [sponsored]
- Could your online business use capital for growth? Here is a primer on revenue-based loans, and how they work.
eBay announced they are now rolling out PayPal to participating eBay Managed Payments sellers that opted into the program.
“We’ve also made great progress on the integration of PayPal on the managed payments platform and, starting today, we are making PayPal available in managed payments. We are starting small and, in the coming weeks, we will continue to test and scale this feature to ensure a seamless and successful seller and buyer experience.”
Alyssa Cutright, VP, Global Payments, Billing & Risk
This appears to be slightly ahead of schedule as eBay only promised to bring back PayPal to participating eBay Managed Payments sellers sometime this summer.
While eBay has been claiming much success with eBay Managed Payments, the underlying data (from its public earnings reports) seems to show a slow adoption rate among existing sellers.
READ MORE: eBay Has Only About 3,500 Sellers in eBay Managed Payments Beta
eBay in its quarterly earnings calls also admitted that acceptance from existing users to the new payments program was a bit sluggish.
Clearly, PayPal is still the main payment method that most sellers use on eBay and while eBay Managed Payments may have some benefits over PayPal, the vast majority of buyers and sellers still feel more comfortable with PayPal.
Making PayPal available again to eBay Managed Payments sellers should help convince more sellers to join the program.
How do you feel about PayPal now being available again to eBay Managed Payments sellers? Please use the comments section below or head over to our Facebook Group for Small Business Sellers and interact with other small business owners.
And don’t forget to follow us on Facebook, Twitter, and LinkedIn to stay up to date with important news and business insights for your online retail business.
Subscribe to Our Newsletter
We do not sell your information.
You can unsubscribe at any time.
Head over to our Facebook Group for Small Business Marketplace Sellers and interact with us and other small business owners. Follow us on Facebook, Twitter, or LinkedIn to stay up to date with relevant news and business insights for your online business.
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.