In early 2018, eBay announced its plans to intermediate payments through a multi-year implementation that may last through mid-2020. PayPal remains a payment option at checkout — and will until at least 2023 — but Adyen is now eBay’s primary payments processor. eBay says it expects to manage the majority of payments on its platform by 2021.
“Google Pay provides users with a fast, simple and secure way to pay online,” said Alyssa Cutright, vice president of global payments, billing and risk at eBay. “Offering Google Pay as a form of payment is another significant step toward providing our customers with more choice in their payment options, and creating an experience that is tailored to personal preferences. ”
As a bigger part of eBay’s now-streamlined payments experience, users will be able to easily check out without having to leave the platform. The company notes that in its first year, “managed payments is already delivering value to buyers through an improved shopping experience and to sellers through new selling tools and streamlined costs.
“Apple Pay is one of the most ubiquitous forms of payments, and provides users with an easy, fast and secure way to pay,” eBay’s EVP of Payments Steve Fisher said at the time. “Offering Apple Pay as a form of payment on eBay is the first step in providing more choice and flexibility in payment options to our tens of millions of buyers.”
Android users chomping at the bit to use Google Pay on eBay will have to wait a bit. The rollout officially starts in April.
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