New Payment Agreement of PayPal and eBay

PayPal and eBay signing a contract

SAN JOSE, Calif (BUSINESS WIRE), PayPal (NASDAQ: PYPL) and eBay (NASDAQ: EBAY) are signing an agreement, which will allow PayPal’s customers to pay on eBay until July 2023. The main objective of the agreement is to make PayPal available on eBay’s immediate payments model for its customers.

PayPal more accessible to its customers

The partnership’s main motto is to make PayPal more accessible to its customers through availability on eBay. The payment will be done through the “PayPal payment button”. It will also provide value-added services for its customers, which includes the features such as fraud detection and buyer protection.

As stated by PayPal’s president and CEO Dan Schulam: They are very proud of this agreement and looks forward to working with eBay for more than 15 years of this partnership, as they are excited to provide a new platform for its customers, which will be full of new experiences and more innovative ideas. They are determined to maintain their high standards and will keep their customer’s trust as their top priority.

About eBay:

EBay is one of the largest marketplaces which connect millions of buyers and sellers from all around the world. They are still determined to do the same thing in future as well. They are focused to improve the connection between the buyers and sellers as much as they can.

About PayPal:

PayPal is an open digital payment platform, which makes payments accessible in any form at any place. They are determined to achieve its objectives by being as accessible as possible. They use technological innovation and strategic partnership methods to achieve their goal and make it work in the most efficient way.

PayPal and eBay creating variety of options

This partnership will create a huge platform for everyone, just to get the best service and the widest variety of options to shop their service.