Overview

• eBay customers will need to use alternative payment methods such as Visa, Mastercard, Google Pay, and PayPal.
• American Express criticized the move, claiming it limits customer choice and undermines competition.
• eBay argues that technological advancements should have reduced transaction fees, but they have continued to rise.
• The decision follows similar disputes between merchants and payment processors over fee structures.
• eBay has over 132 million active buyers and reports significant growth in its marketplace.