![]() But wait, what about PayPal?ĮBay acquired online payment system PayPal in 2002 and helped it develop to become the billion dollar company we know it as today. In turn, sellers will receive payment directly from eBay. Buyers will be able to pay for their purchase right on the eBay platform, without having to travel to a third party site such as PayPal. The managed payments program will allow eBay to control the purchasing experience from start to finish for both buyers and sellers. Read on to discover the lowdown on this significant change to eBay selling and the impacts that it may have on sellers. ![]() Going forward, eBay is working to integrate payment processing within its own platform. This is especially true as we head into a new decade in which eBay and PayPal will no longer be synonymous. EBay is constantly innovating and changing to compete with other major online retailers. ![]()
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