UK to become third market to offer eBay's new payments experience

Josh Peachey's picture

eBay is expanding its management of payments to the United Kingdom with a rollout this summer. 

The update is part of the eCommerce giant's bid to modernise its marketplace and streamline the customer experience. 

The U.K. is the third market to offer eBay's new payments experience, after the U.S. and Germany.

Rob Hattrell, VP of eBay UK, said: "By starting to manage payments in the U.K. this year, we're taking another step to deliver improvements for our customers."

"We know that sellers and buyers expect smooth and seamless transactions, and this new payments experience is designed to offer exactly that. In the coming months, we will make the transition as smooth as possible for sellers so they can take advantage of this important update quickly."

eBay plans to offer buyers in the U.K. a variety of payment options, including credit card, Google Pay and PayPal. Apple Pay will also be available as a payment option on iPhone and iPad.

Alyssa Cutright, VP of Global Payments, added: "We're creating a modern managed marketplace. Taking control of the payments process on our platform is a key component of our strategy to enhance the eBay experience by breaking down barriers and removing complexities for our customers. 

eBay started managing payments on its platform in the U.S. with a select group of sellers in September 2018, and expanded the experience to Germany in September 2019. 

Later this year, the company will continue its global expansion and expects to have transitioned a majority of its U.K. business sellers by the end of 2020 and a majority of its marketplace customers in 2021.