Faster, more secure checkout experience
Paper payments end this October
Beginning late October 2008, all items listed on eBay.com must be paid for using one of the following approved payment options:
By January 2009, all approved electronic payment methods will be integrated into eBay checkout. For example, buyers will be able to enter their credit card number directly into eBay checkout, and the payment will be routed to the seller's Internet merchant account or to their PayPal account.
Please note that the new payments policy will not apply to the vehicles categories in Motors, capital equipment categories in Business & Industrial, Mature Audiences and Real Estate.
Meeting expectations for online payments
Buyers expect online checkout and payment to be safe, reliable and fast. That's what our largest competitors offer. We need to provide the same or better experience to attract and retain buyers and generate increased sales for our sellers. Electronic payment methods integrated into eBay checkout are necessary to deliver this experience. The vast majority of ecommerce shoppers, including eBay buyers, now use online payment methods. On eBay.com over 90% of transactions are paid with online payment methods and the use of offline paper methods has declined by 40% over the last 3 years.
Paper payments end this October
Beginning late October 2008, all items listed on eBay.com must be paid for using one of the following approved payment options:
- Direct credit or debit card payment via a merchant credit card account
- PayPal
- ProPay
- Payment on pick-up
By January 2009, all approved electronic payment methods will be integrated into eBay checkout. For example, buyers will be able to enter their credit card number directly into eBay checkout, and the payment will be routed to the seller's Internet merchant account or to their PayPal account.
Please note that the new payments policy will not apply to the vehicles categories in Motors, capital equipment categories in Business & Industrial, Mature Audiences and Real Estate.
Meeting expectations for online payments
Buyers expect online checkout and payment to be safe, reliable and fast. That's what our largest competitors offer. We need to provide the same or better experience to attract and retain buyers and generate increased sales for our sellers. Electronic payment methods integrated into eBay checkout are necessary to deliver this experience. The vast majority of ecommerce shoppers, including eBay buyers, now use online payment methods. On eBay.com over 90% of transactions are paid with online payment methods and the use of offline paper methods has declined by 40% over the last 3 years.
