eBay to begin managing payments in UK
Written by Peter Walker
As part of modernising its online marketplace, eBay is expanding its management of payments to the United Kingdom.
Due for roll-out this summer, the company will offer buyers flexibility and choice in payment methods, and give sellers an easier way to manage their businesses.
The UK is the third market to offer eBay’s new payments experience, after the US and Germany.
eBay plans to offer buyers in the UK a variety of payment options, including credit card, Google Pay and PayPal. Apple Pay will also be available as a payment option on iPhone and iPad.
It started managing payments on its platform in the US with a select group of sellers in September 2018, and expanded the experience to Germany in September 2019. The business expects to have transitioned a majority of its UK business sellers by the end of 2020 and a majority of its marketplace customers in 2021.
“Taking control of the payments process on our platform is a key component of our strategy to enhance the eBay experience by breaking down barriers and removing complexities for our customers,” said vice president of global payments Alyssa Cutright.
Rob Hattrell, eBay's UK vice president, added: “We know that sellers and buyers expect smooth and seamless transactions, and this new payments experience is designed to offer exactly that."