Topic: eBay moving from PayPal as primary payment option (Read 212 times)

Ebay spun Paypal off in 2015 so now they are completely separate companies.

This should be in service discussion more than mining discussion.

People will still probably abuse the buyer guarantee system and things will go on as usual unless they specifically change it. I'm still not touching eBay until something about that changes for sellers. Yes, I've made money from selling old gear (especially USB/compact miners like the Jalapeno, Rbox) on it but I've also had horrible selling experiences with em and that's the primary reason I don't use eBay anymore.

After decades, these two companies failed to successfully integrate with one another so eBay may as well try another payment solution. Checkout was often impossible, citing a PayPal checkout error, notice the millions of complaints in search results.

Both the seller and buyer would contact eBay and PayPal over the errors, and eBay would blame PayPal, PayPal would blame eBay. They would tell the seller it's something wrong with the buyer's account and tell the buyer its something wrong with the seller's account, yet they were never able to put the finger on what the problem was nor find a solution.  Not sure how these tech companies could drop the ball so badly on this, yet they managed to fail hard.

One incentive to remove PayPal is to prevent email communication between buyers and sellers, which can lead to loss of eBay fees for deals that continue outside of eBay. Because PayPal payments are tied to email addresses, a payment puts both parties in contact with each other, despite eBay's best efforts to block communication outside of their site.

How about they allow crypto payments, no 3rd party processor necessary, no email addresses necessary. Sellers just update their profile with receiving addresses. Naw, that makes too much sense, going to need to wait until 2030s before some progressive exec comes up with that idea.

Never heard of it - I take it you just save your credit card details etc with them and then use that platform as opposed to paypal. I wonder what their dispute resolution process is like (if any)

Funny;  cause ebay owns paypal.... They did that back when I was contracted working for Ebay in their Cupertino location....

I think maybe they are trying to increase their market share of the man-in-the-middle payments sector.

The following text was in my eBay messages this afternoon.  eBay is going to payment processor Adyen over the next few years.  PayPal will still be an option, at least for some time.  No word if PayPal will still be an option once the transition is complete.
I've found selling obsolete hardware on eBay very lucrative, often selling for more than what I paid it months before.  Cards, ASICs, misc accessories, etc.  Hope that doesn't change.  Anyone have experience using Adyen service for selling hardware?

(More information: https://www.google.com/search?q=paypal+ebay+adyen )

Dead [eBay member],
 
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 [email protected].
 
We’re looking forward to what’s next, and to getting there with you.
 
As always, thank you for selling on eBay.
 
Bob Kupbens
VP, B2C Selling

Laura Chambers
VP, C2C Selling