ProPay Reveals Details of New PayPal Alternative on eBay
In a policy change that takes effect this week, eBay is requiring sellers to accept only electronic forms of payment and disallowing the overt use of checks and money orders its site. Sellers will be allowed to advertise only PayPal, ProPay and direct credit or debit card payment via a merchant credit card account in their listings. (Some categories are excluded, such as Mature Audiences and Real Estate, and "Payment on pick-up" is also an option but does not cover sellers under the eBay's Seller Protection Plan.)
eBay is allowing PayPal competitor ProPay to integrate with its website, and this week, ProPay revealed the details of its new pricing plans for sellers. ProPay, which has offered online payment processing to merchants since 1997, has developed a custom pricing plan specifically for integration on eBay, with lower processing rates than it previously offered. However, the plan is currently available only to eBay PowerSellers who are in the Silver, Gold, Platinum and Titanium tiers, and is only available to U.S. eBay sellers. ProPay will open its services to Bronze PowerSellers early next year. The integration of ProPay into eBay's seller tools is scheduled for this week.
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