Etsy announced it has rolled out its payments platform in seven new markets. Sellers in Israel, Malaysia, Mexico, Morocco, South Africa, Turkey and the Philippines can now enroll. In the US and other markets, the program is mandatory. We sought Read more
eBay announced Monday it’s expanding Managed Payments, and its executive in charge of Global Payments had a message for buyers and sellers. eBay announcement follows: eBay Expands Managed Payments — Here’s Why This is A Win for All of UsBy: Read more
eBay issued a press release Monday morning to announce it is expanding Managed Payments. eBay press release follows: eBay’s Management of Payments Begins Scaling Globally The company’s multi-year payments initiative reaches a major milestone as the Operating Agreement with PayPal Read more
Warning: eBay sellers with PayPal Working Capital loans will need to start repaying those loans manually if they are among the sellers who are being forced into eBay Managed Payments this month. The operating agreement between eBay and PayPal is Read more
eBay issued an important update for sellers about Managed Payments. It currently has “thousands” of sellers enrolled and using Managed Payments, where eBay acts as a payments intermediary, and on Thursday it said it notified “many more” that it will Read more
Sellers who use ecommerce platform BigCommerce to host their stores now have access to an all-in-one payment solution after it launched a new integration with Adyen. BigCommerce’s 60,000 merchants will be able to offer local payment options and alternative payment Read more
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 that eBay will place many Read more
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 items purchased for resale exempt Read more
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 not published details about its Read more
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% of the money it collects Read more
