From later this year, you will be able to use Apple Pay on the web to pay for your purchases on eBay. This marks the first time that eBay is adding a payment method other than PayPal to its platform.
eBay will be rolling out the Apple Pay integration to its platform in a particularly slow phased out manner. It plans to manage payments on a “limited scale in the US early this fall” for a limited number of buyers who will be able to use Apple Pay on their compatible iPhone or iPad or Safari on their MacBook for a quick and seamless checkout experience.
“Apple Pay is one of the most ubiquitous forms of payments and provides users with an easy, fast and secure way to pay,” said Steve Fisher, Senior Vice President of Payments at eBay. “Offering Apple Pay as a form of payment on eBay is the first step in providing more choice and flexibility in payment options to our tens of millions of buyers.”
eBay has been relying on PayPal for its checkout process despite the two companies splitting back in 2015. The company will begin a phased rollout from later this year and it expects to expand its payments initiative in 2019, with a majority of its marketplace customers being transitioned to its new payments experience by 2021.
Apple Pay is going to be just one of the multiple payment methods that eBay will support. It is also teaming with Square to offer its quick financing services to selected U.S. sellers which will allow them to apply for loans varying from $500 to $100,000.[Via eBay]