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Alternative Payment Methods on eBay

By Jim Bruene on November 10, 2000 6:55 PM | Comments (0)

number of eBay auction lots mentioning each payment alternative

Source: Online Banking Report searches of eBay auction listings, 11/99 to 6/00;               n.m. = not measured;    n/a = not available;    e = OBR estimate

No activity on, Pay2Card.com, Yapstone, ePreview, BuyAssured.com, InternetClearing.com, Remit.com, and c2it.com (on 11/25/00, C2it was mentioned in 237 auction listings)

1Number of eBay auction listings mentioning the payment alternative; many listings contain multiple payment options and many sellers have multiple listings; search strings exclude “.com” except for x.com; the percentage listed is the percentage of total lots that includes at least one of the payment options listed. 2Beginning March 31, we began adding the wildcard “*” after the search term, for example, x.com*, increasing the number of hits by approximately 10%. 3Prior to April 17, we obtained total eBay listings from the totals posted on its home page; beginning June 30, we derive the total from the category listings on the Browse page. 4BillPoint is eBay’s in-house system which rolled out to the entire eBay base in April after six months of testing with selected high-volume merchants; on 2/29/00, Wells Fargo purchased a 35% share of BillPoint from eBay; we did not measure BillPoint volume prior to Feb.; beginning on Apr. 17, we began counting BillPoint lots using the special BillPoint search tool on eBay. 5Beginning March 16, we began searching “i-escrow” with and without the hyphen, adding about 15% to its hit count. 6In April, Payme.com agreed to merge with Paymybills.com. 7The name was changed from dotbank to PayDirect on searches beginning Aug. 31; dotbank was purchased by Yahoo! on March 23 and relaunched as Yahoo! PayDirect. 8Many sellers offer multiple payment methods, so we have estimated the total number of unique lots offering at least one alternative payment method, +/- 10%. 9Source: PCData Online, www.pcdataonline.com , 8/00; unique users as measured by PC Data’s 100,000+ member panel. 10Beginning 7/31/00 also searched on Pay Pal (with a space between); this increased total hits by approximately 5%. 11Beginning 9/30/00 we dropped the wildcard (*) off X.com searches, because it primarily finds “X.com’s PayPal” which are already included in the PayPal total.

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