eBay will bring its managed payments service to sellers in three new European markets next year. In the first quarter of 2021, eBay will manage payments in France, Italy and Spain. This expansion will continue to offer buyers flexibility and choice in payment methods and give sellers an easier way to manage their businesses.
eBay began managing payments on its platform, in the United States, for a select group of eligible sellers in 2018. In April 2019, Germany was the first European market where eBay started offering this service. In February of this year, eBay expanded their service to the United Kingdom. Next year, it is time for for France, Italy and Spain. Furthermore, the e-commerce company says its working to scale the service to all countries where it is active. The service gives consumers buyer protection and more flexibility and choice in payment methods, including credit cards, PayPal, Apple Pay and Google Pay.
"By managing the payments process, we're creating a simpler, more unified experience for our customers, and streamlining operations for our sellers with one place to sell and get paid," said Alyssa Cutright, Vice President of Global Payments at eBay. "As we continue expanding and scaling our management of payments around the world, we're excited to add France, Italy and Spain to our growing roster of countries."
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