PayPal To Cut Transaction Fees To Drive New Retailers To UK Marketplace, OnBuy
PayPal has today launched a three-month deal to encourage new retailers to sign up and benefit from selling on the UK marketplace, OnBuy.com, which offers retailers the potential to reach millions of customers.
The offer applies to all new sellers who sign up to OnBuy and integrate PayPal for the first time between May 4th and August 4th, 2022. PayPal has pledged to refund any transaction fees accumulated during this period, while OnBuy has bolstered the deal making it a double whammy of savings, by offering free subscription fees for three months from the date of sign up.
Cas Paton, CEO of OnBuy, comments,
“We are really excited to partner with PayPal to be able to offer this combined deal, providing retailers the opportunity to join our fast-growing marketplace at a reduced cost. OnBuy offers a platform with straightforward processes, no long-term contracts, buyer and seller protection, and a dedicated UK-based support team, offering retailers an easy, effective and valuable route to market.”
With its disruptive approach to eCommerce, OnBuy has continued to succeed in challenging the monopoly of online marketplaces in the UK while focusing its efforts solely on its sellers’ success.
As more retailers are becoming increasingly tired of the negative and competitive experience on other online marketplaces, OnBuy has fast become a trusted alternative - providing a fair and transparent marketplace that vows to never retail any products, never launch an 'own' brand range, or compete with retailers.
This approach has resonated with retailers and consumers alike, resulting in the marketplace's continued growth, despite a significant downturn in the eCommerce market overall.
To find out more about the OnBuy and PayPal deal, and for full terms and conditions, please visit the offer page here.