Insights
eBay for Charity’s dedicated webinar explains how their managed payments service can help charities unlock the fundraising potential of the world’s leading e-commerce platform
During the COVID-19 pandemic, charities have had to move to digital methods of fundraising. We have seen a widespread move towards strategies such as virtual events and online donations platforms.
But one area that has not seen the same rise in activity is charity e-commerce. In 2020, we explored how major e-commerce platforms such as eBay could allow charities to move the fundraising staple of the charity shop into the online world.
There are some great examples of charity e-commerce on the eBay platform from major organisations such as Barnardo’s, The British Red Cross, and The British Heart Foundation.
But there has not been the same uptake among smaller organisations. Rolling out an e-commerce initiative for the first time may seem daunting. But it is a great revenue stream to have, particularly during a lockdown. Luckily, eBay is offering charities help and support in the form of managed payments. This can make the process simpler and more accessible.
eBay is rolling out managed payments to charities trading on the well-known online marketplace and will now manage the end-to-end payments process.
Managed payments are a positive change for all eBay users and will enhance the buying and selling experience. For charity sellers, this means one place to sell and get paid, making the process simpler and easier to manage. For buyers, this means more choice and flexibility with more payments options like Apple Pay and Google Pay.
Charities will no longer pay any fees to PayPal but they will be charged a small fee by eBay at a special charity rate of 1.1% +17p per transaction (VAT not included), meaning charities’ total fees will be lower than they were before.
Over the coming weeks, charities already trading on eBay will be contacted and invited to onboard. Ahead of that, should charities want to know more about managed payments, eBay for Charity has developed a comprehensive Q&A and will be hosting a webinar on 17March at 16:00.
For those charities looking to get started fundraising on eBay, The Good Guide, a fundraising guide to eBay for Charity, is a great place to start and their dedicated charity team can be reached on ukcharity@ebay.com for any general queries.
Sign up here to learn more about managed payments on eBay
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