eBay Launches Billpoint Payment System

Share this content:
eBay launched its Billpoint payment system yesterday. The system will allow sellers on the auction site to accept payments via credit card. Buyers will enter credit card numbers, click a button, and electronically send money to a seller's checking account.


For the next three months sellers will not see any related charges by using Billpoint, but after that, 3.5 percent of a transaction amount plus 35 cents will appear on the seller's credit card.


eBay hopes that Billpoint will cut down on the amount of time it takes to complete transactions on the site. Until today, sellers had to wait for a personal check or money order to arrive in order to complete an auction. eBay tested Billpoint among its most active listers who sell more than $1,000 a month in goods.


eBay owns 65 percent of Billpoint while Wells Fargo owns the other 35 percent.
close

Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above