This will simplify the process of doing business on eBay for sellers and allow them to offer more payment methods for buyers, according to the press service of Ukrposhta, which is the main delivery channel for goods sold on eBay from Ukraine. The official partner of eBay in Ukraine will be a payment system Payoneer.
The marketplace began transitioning to Managed Payments in September 2018, connecting a group of sellers from the United States to the new payment method. Later, it also became available to sellers in Germany, the United Kingdom, Australia, Canada, France, Italy, and Spain. In 2021, Managed Payments plans to roll out to other countries around the world.
"We continue to launch new payment methods around the world and are excited to offer Ukrainian sellers an improved system for doing business on eBay," commented Alyssa Cartwright, vice president of the Managed Payments group at eBay.
Advantages for sellers:
- Providing customers with convenient payment options: buyers from around the world will be able to choose the payment option that best suits them from a variety of options. Unified business process management: sellers will be able to simplify their business and collect all of eBay’s activity, including payment information, in a single service. The tool will allow sellers to track transactions and interactions with buyers. The system also includes a centralized buyer support service;
- A simplified eBay seller protection program;
- Payments to sellers are made regularly within two business days of payment confirmation, regardless of payment method. Sellers will be able to choose weekly or daily payout frequency.
Benefits for buyers:
- More payment options and checkout flexibility: the Managed Payments service lets buyers choose a variety of payment methods on eBay, including credit cards and PayPal. Payment through Apple Pay will be available on the iPhone and iPad in the app, while Google Pay will be available on eBay and in the eBay Android app;
- Improved shopping experience: eBay will offer users a more flexible and convenient way to place orders without having to leave the platform’s site or app, and follow up on the marketplace.
