Ebay will push aside PayPal and use Adyen as primary
01-31-18, 09:28 PM
#1
DVD Talk Legend
Thread Starter
Ebay will push aside PayPal and use Adyen as primary
Just received this message on Ebay:
I've never heard of this company Adyen. I'm hoping for lower rates than PayPal but Ebay a monolith leech of money, will find somehow some way to make more money out of this deal and fuck the average seller in the ass.
Dear xxxxx,
eBay is happy to announce plans to further improve the customer experience by intermediating payments on our Marketplace platform. In doing so, eBay will manage the payments flow, simplifying the end-to-end experience for both buyers and sellers. We have signed an agreement with Adyen, a leading global payments processor, to become our primary payments processing partner. PayPal, a long-time eBay partner, will be a payments option at checkout for eBay buyers.
You do not need to take any action at this time. The transition to full payments intermediation will be a multi-year journey.
Over the past three years, eBay has transformed its business to drive the best choice, most relevance and most powerful selling platform. Building out our payments capabilities is the next step in that strategy.
Payments intermediation will bring significant benefits for eBay sellers. You can expect a simplified pricing structure, more predictable access to funds, and most sellers can expect their costs of payments processing to be reduced. We’re also working on ways to provide sellers a central place to track and manage their business, which can soon include payments information.
By offering buyers more choice in how they pay and expanding payment options into more geographies, eBay believes sellers will be able to reach more buyers and improve conversion.
The transition to full payments intermediation will be a multi-year journey. eBay will begin intermediation on a small scale in North America starting in the second half of 2018, expanding in 2019 under the terms of the Operating Agreement with PayPal. In 2021, we expect to have transitioned a majority of Marketplace customers to the new payments experience.
Again, you do not need to take any action at this time. As eBay gets closer to the initial phase of its intermediation efforts, we will share more details about this process and next steps for sellers. In the meantime, please read the eBay Inc announcement for further information. For any immediate questions or to share feedback, please email [email protected].
We’re looking forward to what’s next, and to getting there with you.
eBay is happy to announce plans to further improve the customer experience by intermediating payments on our Marketplace platform. In doing so, eBay will manage the payments flow, simplifying the end-to-end experience for both buyers and sellers. We have signed an agreement with Adyen, a leading global payments processor, to become our primary payments processing partner. PayPal, a long-time eBay partner, will be a payments option at checkout for eBay buyers.
You do not need to take any action at this time. The transition to full payments intermediation will be a multi-year journey.
Over the past three years, eBay has transformed its business to drive the best choice, most relevance and most powerful selling platform. Building out our payments capabilities is the next step in that strategy.
Payments intermediation will bring significant benefits for eBay sellers. You can expect a simplified pricing structure, more predictable access to funds, and most sellers can expect their costs of payments processing to be reduced. We’re also working on ways to provide sellers a central place to track and manage their business, which can soon include payments information.
By offering buyers more choice in how they pay and expanding payment options into more geographies, eBay believes sellers will be able to reach more buyers and improve conversion.
The transition to full payments intermediation will be a multi-year journey. eBay will begin intermediation on a small scale in North America starting in the second half of 2018, expanding in 2019 under the terms of the Operating Agreement with PayPal. In 2021, we expect to have transitioned a majority of Marketplace customers to the new payments experience.
Again, you do not need to take any action at this time. As eBay gets closer to the initial phase of its intermediation efforts, we will share more details about this process and next steps for sellers. In the meantime, please read the eBay Inc announcement for further information. For any immediate questions or to share feedback, please email [email protected].
We’re looking forward to what’s next, and to getting there with you.
02-01-18, 11:21 AM
#2
DVD Talk Hero
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Re: Ebay will push aside PayPal and use Adyen as primary
I got this e-mail last night and thought it was hilarious how they thought their rank and file users would have any fucking clue what "payment intermediation" meant. Your thread title is 100000x more clearer than the e-mail.
PP has been good to me (even as a seller) over the years so I'm hesitate to move on from them.
PP has been good to me (even as a seller) over the years so I'm hesitate to move on from them.
02-01-18, 01:10 PM
#3
DVD Talk Hero
Re: Ebay will push aside PayPal and use Adyen as primary
The thing that will be somewhat shitty is that since Ebay will no longer use PayPal there goes the whole "Pay After Delivery" out the window. I like that feature when using PP to purchase from there
02-01-18, 03:34 PM
#4
DVD Talk Hall of Fame
Re: Ebay will push aside PayPal and use Adyen as primary
I'll continue to prefer PayPal so long as they offer free return shipping.
02-01-18, 03:54 PM
#5
DVD Talk Hero
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Re: Ebay will push aside PayPal and use Adyen as primary
Adyen is used by Uber and other companies as their payment processor. I don't think it will be anything too different since on Uber you just add your payment info and it stores it on the app and you are docked accordingly when taking rides. It's seamless in that you don't need to click away and go into PayPal itself like you normally would if you were to use PP as a payment option.
The thing that will be somewhat shitty is that since Ebay will no longer use PayPal there goes the whole "Pay After Delivery" out the window. I like that feature when using PP to purchase from there
The thing that will be somewhat shitty is that since Ebay will no longer use PayPal there goes the whole "Pay After Delivery" out the window. I like that feature when using PP to purchase from there
02-01-18, 05:19 PM
#6
Senior Member
Re: Ebay will push aside PayPal and use Adyen as primary
I also used the Pay After Delivery....I also used the 6 month no payment (I did make periodic payments however) and no interest. Made those bigger purchases easier to deal with.
Last edited by rduncan; 02-01-18 at 05:19 PM. Reason: spelling
02-01-18, 08:01 PM
#7
DVD Talk Hero
Re: Ebay will push aside PayPal and use Adyen as primary
Pay After Delivery was already going away on Feb. 28 anyway.
I'll continue to prefer PayPal so long as they offer free return shipping.
I'll continue to prefer PayPal so long as they offer free return shipping.
Oh shit. That sucks. I had no idea.
02-01-18, 08:03 PM
#8
DVD Talk Hero
Re: Ebay will push aside PayPal and use Adyen as primary
It was a good 3-4 years of it. Within the last year or so they shortened the timespan. It used to be 14 days before going down to 10. Those were the good 'ol days.
03-04-18, 08:13 AM
#10
DVD Talk Hall of Fame
Re: Ebay will push aside PayPal and use Adyen as primary
The PayPal site now says that PAD will be discontinued on or after Feb. 28. So a short reprieve, but it will be going away soon.
03-04-18, 11:37 AM
#11
Senior Member
Re: Ebay will push aside PayPal and use Adyen as primary
Luckily I was still able to make a PAD purchase and another with the 6 month no payment/no Interest on a larger purchase. I guess time will tell.........
