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eBay rolls out payments management services in the UK

eBay has announced the expansion of its management of payments to the United Kingdom and will offer buyers with choices and flexibility in payment methods in a bid to introduce an easier way for sellers to manage their businesses.

“We’re creating a modern managed marketplace. Taking control of the payments process on our platform is a key component of our strategy to enhance the eBay experience by breaking down barriers and removing complexities for our customers,” said VP of Global Payments Alyssa Cutright. “We’ve seen great success in the U.S. and Germany and we’re thrilled to expand to the UK”

eBay states that it is expected to offer buyers in the UK with payment options including credit card, Google Pay, Apple Pay and PayPal. Its UK market roll-out follows its payments service releases in the US and Germany. It started the payments management on its platform in the US with a select group of sellers in September 2018 followed by expansion to Germany in 2019, in an Operating Agreement with PayPal.

“By starting to manage payments in the UK this year, we’re taking another step to deliver improvements for our customers,” said VP of eBay UK Rob Hattrell. “We know that sellers and buyers expect smooth and seamless transactions, and this new payments experience is designed to offer exactly that. In the coming months, we will make the transition as smooth as possible for sellers so they can take advantage of this important update quickly.”

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