Updates to how you manage your financials

With eBay managing payments, the payments experience will be managed end-to-end on our platform. Sellers can sell and get paid in one place on eBay, and buyers have more ways to pay and a more streamlined checkout experience. Payouts are consistently initiated to sellers’ bank accounts in 2 business days of an order confirmation, regardless of how a buyer paid, and sellers can schedule their payout at a frequency they choose (daily as funds are available, or weekly). eBay currently manages payments in the US and Germany. We will continue to roll out the experience to more markets in the near future.

Please make sure you are signed up for emails from eBay. When we’re ready to support the features you use on eBay, we will send you a notification to register at your email address on file and My Messages on eBay. If you have already received an email, please register here. You can also express your interest here.

Sellers who are using eBay features and tools that are fully compatible with managed payments will be required to join in phases through this year. You will be able to join in a few simple steps, by verifying your identity and business, agreeing to the Payments Terms of Use, and adding a bank account so you can get paid. Once enabled, your existing feedback profile and existing listings will be automatically updated and will reflect the different ways buyers can pay. Sellers will also be able to immediately access all available features of the new payments experience.

eBay will manage payments for most sellers in 2020, and all sellers will eventually be required to have eBay manage their payments in order to keep selling on eBay.

Managed payments gives buyers more ways to pay at checkout, including credit, debit, and gift cards, Apple Pay, Google Pay, PayPal, and PayPal Credit. Their experience will be similar to that of other online retailers. All payment options offered by eBay that are compatible with the buyer’s device or browser will automatically show up during checkout.

Sellers for whom eBay manages payments should not include text about payment methods in their item descriptions. All payment method preferences and references should be removed from listings. All payment options offered by eBay that are compatible with the buyer’s device or browser will automatically show up during checkout.

Most sellers can expect to see savings compared to their current payments processing fees. All sellers will also benefit from a consolidated billing structure and with more visibility into sales and payouts. With eBay managing your payments, you will pay payments processing fees only to eBay, and not separately to another processor.

Your funds will be deposited into the bank account you add to your eBay seller account. With payouts paid to your bank account, you no longer need to transfer funds from PayPal. We consistently initiate payouts to your bank account within 2 business days of an order confirmation, regardless of how the buyer paid. We aim to pay you as quickly as possible but are dependent on the credit card brands (Visa, MasterCard, American Express, etc.) and banks for payout processing and timely funds settlement.

You have the option to schedule weekly or daily payouts to your bank account, as funds are available. You can choose your payouts frequency in payout settings in the new Payments tab on Seller Hub.

The payouts section within the Payments tab provides an overview of the payouts you’ve received from us. You can see the total amount of each payout when we sent it to you, the account we sent it to, and how many transactions were included.