Ecommerce Industry News
In 2015, eBay and PayPal broke apart into separate companies, and next week, the companies will be free of the constraints of the 5-year operating agreement under which they had been bound. Despite the fact […]
PayPal is updating its User Agreement, effective July 31, 2020, which we wrote about on June 19th on the AuctionBytes Blog (“PayPal Makes Major Changes Impacting Sellers“). We called out a new provision that makes […]
With 3 weeks to go before eBay implements its Managed Payments mandate on what appears to be a majority of US sellers, the company published an announcement about its progress – though it still has […]
Online payment service Square responded to reports about a practice in which it is putting holds on some seller funds. CNN published a story on Tuesday reporting, “Square has begun withholding as much as 30% […]
Dirty, germy cash is out, touch-free QR codes are in. You don’t have to touch “dirty” money when selling in-person thanks to a new feature from PayPal. Whether you’re selling through Facebook Marketplace, at farmers […]
Etsy took over payment processing on behalf of sellers and is now expanding that to more countries, it announced on Thursday. The announcement covers transactions in Turkey, Malaysia, and Mexico to start, with more countries […]
Now you can use Square without the need for an online store. The online payments service announced Square Online Checkout on Thursday, which lets sellers create a link or button so they can accept payments […]
eBay will institute a new fee structure on July 20, 2020 in which it will merge payment processing fees into final value (commission) fees. The new fees apply to sellers enrolled in Managed Payments, who […]
Online marketplace Bonanza now offers Stripe payments to all sellers, it announced on Monday. “We are very excited to be able to finally activate this option as it took us a bit more time than […]
eBay announced today it’s expanding Managed Payments to Australia and Canada, the 4th and 5th countries where eBay will manage payments. eBay has already begun managing payments for a percentage of sellers in the US, […]