This new agreement builds on the payments partnership between the companies to make PayPal available as a payment option on eBay’s new intermediated payments model.
As previously announced, the new agreement between eBay and PayPal will ensure that PayPal as a form of payment continues to be available to buyers on the eBay marketplace. PayPal as a form of payment includes payments through the PayPal payment button, as well as value-added services such as fraud detection and buyer protections.
This comes after eBay has announced that Adyen will become its primary payment processor.
PayPal continues to provide a comprehensive payments solution to eBay under the existing Operating Agreement through July 2020.
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