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eBay split from PayPal for paying sellers comes into effect

June 3, 2021

Previously eBay charged a flat 10% of the sale price, including postage, with PayPal taking a cut of 2.9% of the final amount, including postage, plus a small sum for each transaction.

As of 1 June, eBay is charging a final value fee of 12.8%, including delivery, with PayPal cut out of the equation.

PayPal was acquired by eBay in its early days in 2002, but the two parted company in 2015. The agreed split allowed PayPal and eBay to pursue partnerships with each other’s competitors, but barred them from becoming direct competitors in their core businesses.

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