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April 21, 2020

eBay to start management of payments in Australia and Canada

E-commerce giant eBay has announced plans to expand its initiative of management of payments to Australia and Canada later in 2020.

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Through the move, buyers can gain access to a wider range of payment options.

It comes after an agreement with PayPal in 2018, which altered eBay’s payments acceptance structure.

eBay already manages payments in the US, Germany as well as the UK.

Commenting on the move, eBay Australia managing director Tim MacKinnon said: “As Australia’s number one online shopping destination, we are thrilled to be offering more choice to buyers in how they pay. And for our 40,000 Australian small-and medium-sized businesses, they will be able to sell and get paid all in one place.

“Now more than ever, running a small business is tough and we are pleased to make it easier and lower costs for most sellers as we manage payments.”

Buyers in Australia and Canada can use credit cards, PayPal, Apple Pay, Google Pay, Afterpay, and Paybright to make transactions.

eBay Canada Rob Bigler general manager said: “This change will improve how Canadian buyers and sellers transact on eBay by allowing them more choice and a seamless payment experience.”

“We look forward to bringing this important upgrade to Canada and will be supporting our sellers to ensure a timely and smooth transition.”

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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