What the hell is this Ebay???????

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Focus On
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What the hell is this Ebay???????

Postby Focus On » 01 Feb 2018, 13:40

More confusion more nosey bollox??

Dear focuson_70skits,

eBay is happy to announce plans to further improve the customer experience by intermediating payments on our Marketplace platform. In doing so, eBay will manage the payments flow, simplifying the end-to-end experience for both buyers and sellers. We have signed an agreement with Adyen, a leading global payments processor, to become our primary payments processing partner. PayPal, a long-time eBay partner, will be a payments option at checkout for eBay buyers.

You do not need to take any action at this time. The transition to full payments intermediation will be a multi-year journey.

Over the past three years, eBay has transformed its business to drive the best choice, most relevance and most powerful selling platform. Building out our payments capabilities is the next step in that strategy.

Payments intermediation will bring significant benefits for eBay sellers. You can expect a simplified pricing structure, more predictable access to funds, and most sellers can expect their costs of payments processing to be reduced. We’re also working on ways to provide sellers a central place to track and manage their business, which can soon include payments information.

By offering buyers more choice in how they pay and expanding payment options into more geographies, eBay believes sellers will be able to reach more buyers and improve conversion.

The transition to full payments intermediation will be a multi-year journey. eBay will begin intermediation on a small scale in North America starting in the second half of 2018, expanding in 2019 under the terms of the Operating Agreement with PayPal. In 2021, we expect to have transitioned a majority of Marketplace customers to the new payments experience.

Again, you do not need to take any action at this time. As eBay gets closer to the initial phase of its intermediation efforts, we will share more details about this process and next steps for sellers. In the meantime, please read the eBay Inc announcement for further information. For any immediate questions or to share feedback, please email paymentsinfouk@ebay.com.

We’re looking forward to what’s next, and to getting there with you.

As always, thank you for selling on eBay.

Kris Beyens,
VP & COO eBay EMEA
Bored to FLICK

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takis2003
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Re: What the hell is this Ebay???????

Postby takis2003 » 01 Feb 2018, 15:53

It remains to be seen whether "...most sellers can expect their costs of payments processing to be reduced." :?

And I wonder who, those that will not have their costs reduced, will be. 8)
1 to 100 HW series now completed. :fadein:

All HW national teams references now collected. :D

What should be next? :roll:

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Gullseye
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Re: What the hell is this Ebay???????

Postby Gullseye » 02 Feb 2018, 12:08

eBay are going to ditch PayPal in favour of Adyen, but will be offering the option of going offsite to use PayPal if buyers prefer.

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PeteJS
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Re: What the hell is this Ebay???????

Postby PeteJS » 04 Feb 2018, 19:14

The issue will be how much will it cost to remove your money from the new system? Most other payment sites use Paypal only, from trains to gig tickets. So to use your hard-earned readies you will have to remove the funds - at probably a cost. Currently you don't have to do that.
As usual newbie ebayers will be shoved into the non-paypal system and if you don't offer it, then you will lose custom.
I love ebay, no really.
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Focus On
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Re: What the hell is this Ebay???????

Postby Focus On » 05 Feb 2018, 12:13

Sucks dick dont it?
Bored to FLICK


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