eBay Inc. (Nasdaq: EBAY) is a global commerce leader including the Marketplace and Classifieds platforms. Collectively, we connect millions of buyers and sellers around the world, empowering people and creating opportunity for all. Founded in 1995 in San Jose, California, eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection.
Shoppers expect to be able to check out and pay on the site where they’re shopping. eBay will now manage the payments transaction, which means shoppers will be able to complete their purchases all on eBay.
With eBay managing payments, sellers:
– Sell and get paid in one place, on eBay
– Streamline their operations by having payouts consistently initiated to their bank account in 2 business days of an order confirmation, regardless of how a buyer paid
When buyers purchase from a seller for whom eBay manages payments, they have more ways to pay and enjoy a more streamlined checkout experience. As we make this transition, eBay will work closely with sellers to ensure that the managed payments experience reflects their needs.
For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.