SAN JOSE, Calif.–(BUSINESS WIRE)–
eBay (EBAY) and PayPal (PYPL) today accepted the signing of a previously-announced acceding to action PayPal as a way to pay on eBay until July 2023. This new acceding builds on the payments affiliation amid the companies to accomplish PayPal accessible as a acquittal advantage on eBay’s new intermediated payments model.
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“PayPal has been a abundant accomplice for eBay, and as allotment of our new payments acquaintance PayPal will abide to be a key anatomy of acquittal for our all-around customers,” said Devin Wenig, admiral and CEO, eBay. “We are admiring to abide to action PayPal as a anatomy of acquittal on eBay and attending advanced to a continued, able affiliation with PayPal activity forward.”
As ahead announced, the new acceding amid eBay and PayPal will ensure that PayPal as a anatomy of acquittal continues to be accessible to buyers on the eBay marketplace. PayPal as a anatomy of acquittal includes payments through the PayPal acquittal on, as able-bodied as value-added casework such as artifice apprehension and client protections.
“We are appreciative to accept continued our accord with eBay and our charge to body on added than 15 years of accord and addition with a abundant partner,” said Dan Schulman, admiral and CEO, PayPal. “We are aflame to abide to accommodate our millions of alternate barter with innovative, trusted and seamless PayPal acquittal experiences.”
PayPal continues to accommodate a absolute payments band-aid to eBay beneath the absolute Operating Acceding through July 2020.
eBay Inc. (EBAY) is a all-around business baton including the Marketplace, StubHub and Classifieds platforms. Collectively, we affix millions of buyers and sellers about the world, allotment bodies and creating befalling through Connected Commerce. Founded in 1995 in San Jose, Calif., eBay is one of the world’s bigger and best alive marketplaces for advertent abundant amount and different selection. In 2017, eBay enabled $88 billion of gross commodity volume. For added advice about the aggregation and its all-around portfolio of online brands, visit www.ebayinc.com.
Fueled by a axiological acceptance that accepting admission to banking casework creates opportunity, PayPal Holdings, Inc. (PYPL) is committed to democratizing banking casework and allotment bodies and businesses to accompany and advance in the all-around economy. Our accessible agenda payments belvedere gives PayPal’s 227 actor alive annual holders the aplomb to affix and transact in new and able ways, whether they are online, on a adaptable device, in an app, or in person. Through a aggregate of abstruse addition and cardinal partnerships, PayPal creates bigger means to administer and move money, and offers best and adaptability back sending payments, advantageous or accepting paid. Accessible in added than 200 markets about the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to accept money in added than 100 currencies, abjure funds in 56 currencies and authority balances in their PayPal accounts in 25 currencies. For added advice on PayPal, appointment https://www.paypal.com/about or chase @PayPalNews on Twitter.
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