New payment method coming to eBay.

[kopenhagen5]

Received an email today that eBay will be introducing a new payment method from Adyen.

At first glance it seems it will be very similar to PayPal.

Hope they are not planning on phasing out PayPal.

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. 

[davewil1964]

There are about half a dozen CURRENT threads about this.

Look for 'Managed Payments' on this board and you will find plenty of CURRENT information, as it has now been implemented for some sellers.

When this thread was current, nobody was on MP and most posts were speculation.

[ausfalcon]

It’s a disaster
They are taking more than 3 days to pay
Longer than PayPal
Their new system will put some sellers out of business

[heddysue]

I want my money to go into my paypal account, where i have automatic payments coming out of... not to my bank account where they'll start charging me fees for excess use. this new system might be good for ebay.. but i hate it already.