Topic: Bitcoin May Come to eBay as Platform Drops PayPal as Main Payment Option (Read 185 times)

They might not choose Bitcoin because it's not the fastest or the cheapest option now but they could be interested in a cryptocurrency even if it were to be just a PR move.
There's so much hate between Bitcoin and Paypal so even if none of them end up being the new payment option it's going to be good for Bitcoin. A paypal's loss is a Bitcoin's gain!

Bitcoin will become as a payment option on eBay only after deeper integration of SegWit because now commissions are still too high

Ebay themselves won't accept Bitcoin, however Adyen uses Bitpay, read more here:
https://blog.bitpay.com/adyen-integrates-bitpay/

Also, Adyen CEO is very positive towards Bitcoin and crypto.
This means only good news for us.

I Read this article a few hours and am seeing this on alot of places, the word "bitcoin" is being used as a click bait here. The article doesn't mention anything concrete that eBay will start accepting bitcoin, and seriously it's unlikely that it will in near future. Maybe.. Just maybe we can hope this to change after LN.

for that reason ebay need new payment method.. i think crypto currencies are suitable for it.. If ebay accept bitcoin, crypto trader can buy goods easily.. that will set a new chapter on the internet business.

The best thing here is not the chance that crypto will be accepted (there is already a plenty of services that will help to make a purchase) but the fact that PP will no longer be pushed by ebay. The most anoyint thing with paypal for me was that it have a lot of small restrictions about a sourse of your money, your country, identity etc. Sometimes it may lead to freezing your funds for almost no reason and PP doesn't care about anything. It is too late but I'm still curious to see the increase of the competition among the payment systems.

that's great news.. however i think surely e buy will accept Bitcoin and other crypto currencies next few years..

This will be very hard to implement keeping in mind the volatile prices of Bitcoins. Can cause a lot of confusions.

They don't seem to be dropping it completely. It just won't be the default and only option anymore. There are no immediate plans for eBay to cut ties with Paypal that I know of.

People seem to be confused about this story and rightfully so. It's very much non-news. It's basically just saying that it's possible for eBay to pick up cryptocurrency as a payment option because it's currently looking for alternatives.

I would personally welcome this, but I'm not holding my breath. It's not like they mentioned looking over at crypto. It's much more likely for them to opt into more traditional options.

The whole article is based on Adyen supporting cryptocurrencies.

I googled Adyen, and their payment page lists Apple pay, Google pay, paypal, but no bitcoin:

https://www.adyen.com/payment-methods

Can someone look at the above page and see whether I've missed it?

to be honest this doesn't sound right to me! specially when it says "ditch PayPal" because we have to admit with all its shortcoming you can not just drop something that people are using and want to use.

i can see that some day soon, specially with Lightning Network in play, we see bitcoin being used in a lot of places and eBay will be one of them for sure. but it will most probably be an additional option.

with that said i would like to do an honorary mention of OpenBazaar which will put eBay out of business if it grows as a decentralized marketplace where you can trade freely.

hi friend' i agree with you.. i got this information --> https://themerkle.com/bitcoin-may-come-to-ebay-as-platform-drops-paypal-as-main-payment-option/

I do not see anywhere in this article any reference to BTC or any other altcoin that could serve as payment option on eBay.It is possible that one day BTC become available on eBay,but that will happen only when SegWit&Lightning Network be fully implemented in all major wallets/services.

PayPal has some of his own rules,some do not like it(sellers in particular),but if you buying something with PayPal there is no doubt that you enjoy the highest possible protection as buyer.If BTC becomes a payment option one day on eBay,there will also need to be some protection for sellers/buyers-you do not want to pay with BTC and get brick in package.

Wow it's good, it will be the moment where bitcoin bounce back to 15k or maybe 20k
Just waiting for the good news further

For as long as people can remember, there has been a tight relationship between eBay and PayPal. In virtually every case, PayPal is a required option for anyone looking to sell items on the global auction site. That situation will come to change in the near future, as eBay has announced its plan to ditch PayPal as its main payment option. It is a rather surprising turn of events, albeit one that could be quite positive for both companies.


It is evident that limiting a global auction site to one main payment method and two or three optional solutions is a bit problematic. Especially in this era of digital payments and competing financial services, there is no reason for eBay to tie its fate to PayPal whatsoever. Even though the platform has made a big impact outside of the online auction industry as well, it’s still something which could hold eBay back in terms of its global appeal.

The number of current payment options on eBay is somewhat limited. Sellers are almost forced to enable PayPal, even if they would prefer to get paid via a wire transfer or money order. This has always been a problem, as users felt they never had a real say in the matter. After many years of giving PayPal the benefit of the doubt, it seems both companies will finally go their separate ways. This news may even be a result of eBay spinning off PayPal as an independent brand a while ago.

With this change looming on the horizon, there is a lot of speculation to contend with. Everyone wants to know if eBay will introduce another mandatory payment option. If so, there is no indication as to which solution that might be, as the company has not announced any candidates. We do know the company is looking to integrate a new payment system built by Adyen, a Dutch company which can provide access to many different payment methods.


According to Engadget, the Adyen integration may occur as soon as Q2 or Q3 of this year. This means that time is ticking for PayPal, even though it will not be removed from eBay altogether. Instead, it will simply cease to be the default option for users of the auction website. Whether or not this will diminish PayPal’s appeal in any way remains to be seen. The company doesn’t have the best of reputations due to its strict regulation of accounts and random security checks which prevent people from accessing funds for up to 180 days.

It is also worth noting that Adyen supports a lot of interesting payment methods including cryptocurrency, although it’s unclear if the latter will ever be a part of the eBay platform. It makes sense for eBay to not disclose too much information until the new payment system is built and tested thoroughly. All sellers on the platform will be introduced to this new payment system between late 2018 and early 2021. Moreover, PayPal payments will remain available until July of 2023.

With both companies seemingly ending their long-term relationship, eBay is acknowledging that now is the time to offer alternative payment options to both buyers and sellers. This new intermediate payment system will make it easier for sellers to track all of their transactions. Moreover, it will reduce the company’s payment processing charges, which will boost eBay’s revenue by up to US$2 billion in the years to come.