In January 2018 eBay released the following statement:
“eBay has signed an agreement with Adyen, a leading global payments processor, to become its primary payments processing partner. PayPal, a long-time eBay partner, will be a payments option at checkout for eBay buyers. eBay will complete this process within the parameters of the Operating Agreement with PayPal, which remains in place through mid-2020.”
This announcement has raised quite a few questions among eBay sellers regarding the transition and Adyen itself. It also surprised me as some who’s been working in the eCommerce industry for over a decade and thought he knew all the major players in the industry.
Although Adyen has processed €108 billion in 2017, I never heard of them before this announcement.
I decided to write this post to serve as your complete guide to everything Adyen-eBay related, including:
- Why eBay abandoned PayPal for Adyen?
- Adyen fees
- Adyen payment methods
- Is Adyen safe?