OnBuy selects PayPal as exclusive payment partner for global launch

OnBuy.com is extending its agreement with PayPal to provide ongoing fast, secure and easy payments to its platform not just in the UK but for all transactions on its site globally.

OnBuy’s founder and CEO, Cas Paton, said, “Our relationship with PayPal enhances the customer experience thanks to what PayPal promises in security, convenience, and its overall ease of use – all factors that consumers are right to trust.”

OnBuy’s sellers will benefit from PayPal’s order dispute resolution services, as well as easy access to their available funds, enabling good management and visibility of their business cash flow. “In the last two years, our partnership with PayPal has, without a doubt, done much to strengthen OnBuy’s offering and empower the success of both our marketplace and our retailers,” Paton added.

OnBuy recently reported a record-breaking October, with 700% growth compared to October 2019, and a third consecutive year of over 600% revenue growth – meaning fantastic success for the marketplace’s sellers too. OnBuy’s international growth plans, creating dedicated country sites in over 140 territories worldwide once complete, will only be enhanced by the wide reach and the trust that PayPal enjoys around the world.

PayPal Buyer Protection will be made available to OnBuy customers for all qualifying purchases, throughout the marketplace. Customers can purchase with confidence, not only due to fully encrypted and secure online transactions, but also a 180-day guarantee against items they bought not arriving, or arriving broken.

Meanwhile, PayPal Seller Protection gives those retailers listing on OnBuy with the knowledge that they will have dispute resolution on their side to assist in resolving customer issues. This is all delivered via internationally acclaimed security and encryption.

With a far-reaching ITV television advertising campaign forming part of OnBuy’s Q4 globalisation and marketing strategy, together with 40 countries worldwide due to come online for OnBuy by year-end 2020, PayPal is a great partner of choice for the world’s fastest-growing marketplace to realise even more astonishing world-firsts going forward.

Read the latest edition of PCR’s monthly magazine below:

Like this content? Sign up for the free PCR Daily Digest email service to get the latest tech news straight to your inbox. You can also follow PCR on Twitter and Facebook.

Check Also

NEW Veeam Backup for Microsoft Office 365 v5

Veeam Software’s, latest version of its Backup for Microsoft Office 365: Version 5 adds purpose-built …