The circular economy - in which resources are traded to be kept in use for as long as possible, extracting maximum value from them and diverting waste from landfills while reducing the need to manufacture new items - is a current trend, but eBay has been supporting it since the beginning. That means access to 183 million active buyers in 190 countries. “eBay gives Canadian sellers and businesses access to the global marketplace,” says Rob Bigler, General Manager of eBay Canada. Its purpose is to empower people and to create economic opportunity. The platform is an excellent tool for small- and medium-sized businesses. As a facilitator of consumer-to-consumer and business-to-consumer online sales, eBay has been a long-time retail leader.Ĭonnecting people and passionate communities across the globe Seems like a massive amount of work beyond what I have in place now.Ubiquitous e-commerce giant eBay is celebrating its 20th anniversary of ebay.ca this year. To sell something on eBay UK would I have to register on eBay UK and also open a £ sterling account in England ? I do not currently have a £UK account based in a UK bank. How will this affect what I do if I choose to list something on eBay UK ? Currently, Paypal allows me to have a £UK sub account. This has worked for years with no problems.Īm I understanding this eBay notice correctly insofar as I will now need TWO separate eBay accounts – one registered with eBay.ca while also maintaining my current one with ? As a Canadian seller, why would I need a Canadian bank based $US account, when I already have a US bank based $US account (in Washington State) ? There’s no currency conversion fee, as Canadian stays Canadian, and US stays US. When I withdraw these funds, the transfer goes to my $US bank account in the US. com, I sell the item in $US, and the funds go into my Paypal $US sub-account. When I withdraw funds, the transfer goes to my $CAD bank account in Canada.
ca, I sell the item in $CAD, and the funds go into my Paypal $CAD sub-account. With my one Paypal account, I have currencies listed as $Canadian and $US. ca site, and US items sell best on the dot com site. I’m a resident of Canada, and, so far as I know, I’m still registered on the US site.Ĭanadian items sell best on the.
EBAY CANADA FULL
You can find the full post on the eBay Canada Announcement Board.Īs I started selling on eBay in 1996, there was only – eBay.ca did not then exist. (It’s advisable to check banking fees prior to making a decision.) eBay explains, “If you want to accept both Canadian and US dollars, you will need to operate two separate accounts: one to list on eBay.ca to receive payouts in Canadian dollars and another to list on to receive payouts in US dollars.”Ĭanadian sellers should be aware that they need a US dollar denominated checking account from a Canadian bank if they wish to receive payouts in US dollars. The bottom line: you cannot accept Canadian and US dollars with the same eBay account. “Starting May 4th, Canadian business sellers or sellers by invitation will be able to register for this program and choose the payout option that best suits the needs of their business.”īut sellers should put thought into their decision, since they won’t be able to change their payout currency after they register.ĮBay advised sellers: “Keep in mind that if you select US dollar payouts and choose to list on eBay.ca, your items will be listed in Canadian dollars and may be subject to additional fees when converted to US dollars.”Īnother caveat: “Make sure the account that you provide is denominated in the same currency as your selected payout currency.” eBay Canada explained, “If you link a bank account that is denominated in a different currency than your payout currency by mistake, you can use the back button to return to the previous page and edit your information.”īut, eBay continued, “If you choose to continue, you are responsible for any additional fees charged by your financial institution.” “We are pleased to announce that this functionality is rolling out over the coming weeks,” eBay announced. The change impacts sellers enrolled in Managed Payments.
It’s a big deal, since many Canadian eBay sellers do a majority of their business on. EBay will begin letting sellers in Canada receive payouts in US dollars.
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