Starting June 2024 eBay is now accepting Venmo as a way to pay. Venmo has quickly become one of the most popular online payment apps especially with young people. With over 90 million users throughout the United States, eBay has made the move to attract these buyers to the platform.
By adding Venmo as a way to pay, ebay wants to simplify the checkout experience for buyers. Once buyers have linked their account, using Venmo on ebay is fast and easy with one click checkout. You can use your Venmo balance or any linked payment method in your account.
Venmo is popular with a younger demographic such as Gen Z’s and Millennials between the ages of 18 and 34. Being able to use Venmo on ebay will attract new buyers and increase sales conversion.
How it works:
- Select Venmo at checkout.
- Sign in to your Venmo account.
- Authorize the payment.
- Now your Venmo account will be linked to your ebay account making checker faster for future purchases.
Other Advantages to using Venmo on Ebay:
- Show off your recent ebay purchases on the app.
- Use Venmo’s split purchase or sharing purchase options for purchases on Ebay.
- Still covered by Ebays buyer protection programs.
Ebay accepts credit cards, debit cards, Apple Pay, Google Pay, PayPal and now Venmo in most categories. However as of August 17th 2024 Ebay will stop accepting American Express on the platform. To counterbalance the removal of American Express ebay has added Venmo to its lineup of payment methods hoping to expand its customer base, increase traffic and drive sales.
Comments
Loading…