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eBay expands management of payments to Australia

eBay is expanding its management of payments to Australia later this year to become the fourth country globally to offer eBay’s new payments experience after the US, Germany and the UK.

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Buyers will be offered a variety of payment options including credit card and PayPal, in addition to Apple Pay available on iPhone and iPad and Google Pay on the eBay site and eBay Android app.

For the 40,000 Australian small and medium-sized businesses who sell on eBay, the move to managed payments means everything is in the one place along with fast, direct pay-outs, reduced costs and new ways to pay.

eBay Australia managing director, Tim MacKinnon said, “As Australia’s number one online shopping destination, we are thrilled to be elevating how buyers and sellers transact on eBay by allowing them more choice and a seamless payments experience.

“For our 11-million unique monthly visitors, this means more choice in how they pay at a time when consumers are increasingly coming to eBay to buy the things they need and offering greater payment flexibility when purchasing online.

“Now more than ever, running a small business is tough and we are pleased to reduce the costs for the majority of sellers and make it easier for as many sellers as possible as we manage payments. We will be supporting our SMBs to ensure a smooth transition.”

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eBay vice presidents of global payments Alyssa Cutright added, “By managing payments on our platform, we are enhancing the eBay experience by breaking down barriers and removing complexities for our buyers and sellers. We are excited to roll out the new experience globally this year with Australia.”

eBay started managing payments on its platform in the US with a select group of sellers in September 2018 and expanded the experience to Germany in September 2019. In addition to Australia, the company will expand its management of payments to the UK and Canada later this year.

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