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Processing Merchant Credit Cards through eBay Checkout
Posted by
Laurel
in Product News
Tuesday, Oct.07.2008, 6:27 PM PT
Update (8 Jan 2009): See new dates and clarification about fees.
Per our announcement in August, all items listed on the eBay site must be paid for with an approved electronic payment method, which includes credit card acceptance through merchant accounts.
We know it's important for sellers to be able to offer their own merchant credit cards to buyers. In the past, you had to complete your merchant credit card transaction off of eBay. That's awkward for sellers, and can be unsafe for buyers.
Fortunately we're adding support for merchant credit cards to eBay Checkout, so you can integrate your Internet merchant account directly into the eBay Checkout flow. Buyers will be able to enter their merchant credit card information on the eBay Checkout page, and the processing and confirmation happens immediately.
To take advantage of integrating your Internet merchant account into eBay Checkout, you'll need to sign up for the Payflow online payment gateway. Normally online payment gateways charge a fee for processing your transactions, but we'll be waiving your fee for this service.
Important! You will only have your fees waived if you sign up for Payflow through the link in your My eBay. This link will show up in My eBay when sign-up opens. If you sign up for Payflow Pro using the PayPal website, normal Payflow Pro fees will apply.
Sign-up opens in January late February 2009. You'll need to provide information from your Internet merchant account, so we know who should be handling your payments during checkout. You must complete sign up by end of March early April 2009.
This new feature does not affect users of 3rd party checkout or the PayPal Payflow Pro product. You can continue using your existing payment processing solution.
Developer Impact:
A new payment type will be added to AddItem.