ProPay, a provider of merchant payment solutions, has announced further details of its electronic merchant services for
eBay
sellers.
According to ProPay, starting in late
eBay
is moving to 100% electronic payments, credit cards, ProPay, or
PayPal
. ProPay specializes in serving the advanced power sellers who accept or who plan to accept credit cards in both
eBay
and off
eBay
transactions.According to
eBay
, items paid for with check or money order are 80% more likely to result in an item not received (INR) than those paid with credit card. Also, buyers who pay with check or money order are 50% more likely to leave negative feedback than those who pay with electronic methods.eBay hopes to reduce these numbers by integrating more electronic payment offerings in order to make the checkout process faster and more reliable for sellers and buyers.
Greg Pesci
, executive vice president of business strategy at ProPay, said: "We are extremely pleased to be the first alternative payment option that
eBay
has integrated with as a part of their effort to move entirely to paperless transactions. Moving all
eBay
purchases to an electronic method will help expedite the purchase process, and potentially reduce complaints and negative buyer feedback."ProPay is looking forward to providing alternative merchant services to help improve the buying-selling experience. We welcome the opportunity to support the advanced
eBay
power sellers, who we anticipate will benefit most from the comprehensive payment solutions we provide."
