Registering for eBay to manage your payments: What you need to know
eBay will be managing payments for all sellers in 2021.
Managing payments provides an enhanced buying and selling experience on eBay, providing sellers one place to sell and get paid, and buyers more ways to pay. During Q1 2021, eBay processed payments for 52 percent of global on-platform volume, with over 4 million active sellers enrolled in the program worldwide.
Partnership with Payoneer
eBay will be partnering with Payoneer, a leader in global payments, to enable sellers to easily receive funds associated with their transactions on eBay. This partnership will enable sellers to manage their transactions on eBay, providing a streamlined selling experience.
When eBay manages your payments, payouts will be made to your bank account via Payoneer account, not your PayPal account. Payouts for all sales will be made in US dollars.
During the registration for eBay to manage your payments, you need to create a Payoneer account and link it to your eBay account. If you have an existing Payoneer account, you need to create a new one for each eBay account.
To register for eBay to manage your payments you may:
- Click to the Register now link in eBay notification, that you’ve received by e-mail or via eBay Messages
- Go to eBay Seller Hub > Payments tab > Register now
Select your business type
Before you begin the registration process, choose your business type. Do you sell on eBay as a company or as an individual?