eBay To Ban Outside Checkout Services By June 2011

Leena Rao

Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Wednesday, September 1st, 2010

In an interesting twist of events, eBay announced last week that third-party checkout solutions will no longer be supported on eBay after June 30, 2011. eBay says that other checkout solutions (besides PayPal) are only used less than 10 percent of the time on eBay.com. UPDATE: It’s come to out notice that eBay never offered Google Checkout as a payments service on its platform. The post has been amended to reflect this news.

As a peace offering to those who do use other checkout systems, eBay checkout is being upgraded with a number of features including advanced tax reporting, more credit card integration, and advanced shipping solutions.

Clearly eBay is looking to only expand the use of PayPal, which is currently one of the most popular payments platform across the web.

Company: eBay
Website: ebay.com
Launch Date: September 1, 1995
IPO: February 10, 1998, NASDAQ:EBAY

Founded in 1995 in San Jose, CA, eBay connects millions of buyers and sellers globally in the world’s largest online marketplace, utilizing PayPal to ensure secure transactions. The company also operates specialized marketplaces such as StubHub, the world’s largest ticket marketplace, and eBay Classifieds sites, which together have a presence in more than 1,000 cities around the world. eBay items can be sold either via a silent auction, in which users input the maximum price they are willing to...

→ Learn more

Tags: ,
blog comments powered by Disqus