Online marketplace eBay announced today that it plans to intermediate payments on all eBay marketplaces in the coming years. The company signed an agreement with global payments processor Adyen which makes Adyen […]
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PayPal shares dropped 10% in after-hours trading. EBay will start working with global payment company Adyen to process its sales.
eBay has brought on Thomson Reuters Exec Devin Wenig as President of its global Marketplaces business unit, which includes eBay's online marketplace; eBay's classifieds sites and ticket marketplace StubHub. Wenig will report to eBay...
A switch in the primary eBay payments processor if the first step as the company begins moving toward managing marketplace payments on its own.
Adyen, the global payments processor that enables merchants to accept most kinds of payments online, on mobile, and in-store, has reported record revenues for 2016, having grown 99 percent year-on-year. The company said that it garn...