eBay

*madison · ‎02-01-2018

tell me what ebay is talking about ? I've just received this message from ebay. TIA.

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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.

gramophone-georg · ‎02-01-2018

All I remember is that when eBay was Billpoint they ran around telling everyone how absolutely unsafe PayPal was, only to jam it down everybody's throat when they bought it as the ONLY "safe way to pay and get paid".

I wonder how long it'll be before PayPal is "unsafe" again.

Chaos is NOT an "industry standard".

readabouthorses · ‎02-02-2018

wrote:
All I remember is that when eBay was Billpoint they ran around telling everyone how absolutely unsafe PayPal was, only to jam it down everybody's throat when they bought it as the ONLY "safe way to pay and get paid".

I wonder how long it'll be before PayPal is "unsafe" again.

Do you remember back when Ebay still had Billpoint but most of us were using PayPal as well as checks and money orders and then suddenly Ebay revamped their Checkout so that the only electronic payment method was Billpoint? It exploded into what we called "Checkout War" and these boards went crazy ... sellers who never could get along on these boards all came together and finally Ebay backed down. That was when every board had an Ebay Blue assigned to it ... those poor Blues were trying so hard to keep the peace but it was basically the townspeople storming the castle with pitchforks. I just remember that Ebay Jerry disappeared from the Auction Board and I never knew what happened to him!

texan-with-class · ‎02-27-2018

What it means is (in my personal opinion) We.. SELLERS are finally going to get the sweetest butt **bleep** we have EVER had!!!

I can already see it... Sellers- You can hae your funds when the buyer says so...

Sellers- we started out with lower fees, they are now 100% more!

Sellers- The buyer stated its a shade of green off what his monitor looked like.. We are sending the buyers money back.. pay return shipping to get it back to you.

Sellers- bend over, this one is going to be dry and HURT really bad!!

Sellers- you dont sell enough, bye bye

Sellers- give me all your banking information so when we are hacked, millions of people will have it!

Sellers Sellers Sellers Sellers----- etc etc etc...

MY opinion on it all. Good God I am sooo glad I have already switched over more to marketplace and craigslist... I only sell about 1-3 percent on eBay any more...

castlemagicmemories · ‎04-06-2018

@castlemagicmemories wrote:
Hi, Madison:

There is another thread on this Board, Ebay Intermediate Payment System, that has a link to the announcement.

Basically, it says Ebay has partnered with Ayden, a Dutch (I believe) company, to process payments. Paypal will still be a payment option. They believe this will have advantages by offering more payment options.

They are phasing this in several years from now. Possibly 2023. Supposedly it would result in lower costs for sellers.

That's it in a nutshell.

Correction. That should read ADYEN.

gracieallen01 · ‎04-06-2018

Or, maybe even, addyen?

Not saying 'NO' doesn't mean 'YES'.

The foolishness of one's actions or words is determined by the number of witnesses.

Perhaps if Brains were described as an APP, many people would use them more often.

Respect, like money, is only of 'worth' when it is earned - with all due respect, it can not be ordained, legislated or coerced. Anonymous