eBay is an American multinational e-commerce corporation based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website.
eBay was founded by Pierre Omidyar in 1995 and became a notable success story of the dot-com bubble.
eBay owns an electronic payment service called PayPal, which is commonly used to facilitate payments for its auctions, but eBay offers several alternative payment methods to buyers and sellers. Some of the alternatives are;
- Moneybookers.
- Paymate and ProPay.
- Escrow.
- Pay on Pickup.
- Merchant Credit Card.
Can you sell on eBay without a PayPal account?
Sellers can now sell on eBay without PayPal. To do so requires opting into eBay’s new Managed Payments System. In Managed Payments, eBay processed payments directly and deposits them into the seller’s bank account without using PayPal as an intermediary processor.