In preparation for the OnBuy Global Launch the marketplace has selected PayPal as their exclusive payments partner.
Having grown in the UK at a remarkable 24,000% and on track for sales of £2billion, OnBuy announced in September that they would launch in 40 countries before the end of the 2020, with their international growth plans being to create dedicated country sites in over 140 territories worldwide.
Having already worked with PayPal in the UK since 2018, OnBuy has announced that they are extending their relationship with PayPal to be available for all transactions on its site globally – giving both customers and sellers using OnBuy a safe, fast and convenient way to pay and get paid.
“A world-class marketplace needs a world-class payment solution. Our relationship with PayPal enhances the customer experience thanks to what PayPal promises in security, convenience, and its overall ease of use – all factors that consumers are right to trust.
In the last two years, our partnership with PayPal has, without a doubt, done much to strengthen OnBuy’s offering and empower the success of both our marketplace and our retailers.”
– Cas Paton, CEO and Founder, OnBuy
PayPal will Buyer Protection to OnBuy customers for all qualifying purchases, throughout the marketplace. Plus there will be PayPal Seller Protection for retailers listing on OnBuy with the knowledge that they will have dispute resolution to assist in resolving customer issues.
OnBuy’s ongoing partnership with PayPal as facilitator of payments means they have all the pieces in place that they need to become bigger and better than ever so the only question now is when will the first international marketplaces open and how many new customers will this bring to retailers already selling on OnBuy? We’ll let you know as soon as we hear further news.
2 Responses
Great looking forward to it but they could simplyfy the shipping setup as we are struggling to understand how to alter stuff it seems one something is set it is really set. The responses by email are so techy i dont get it.