Friday, 7 June, 2024

eBay To Charge Higher Fees for American Express Payments

Starting June 20, eBay will impose higher fees on transactions made with American Express due to increased processing costs. Sellers using American Express will incur an additional 3.5% surcharge, reflecting the platform's need to offset the higher expenses associated with this payment method. This move aims to encourage the use of lower-cost payment options while balancing operational costs.