eBay global inventory to be available on Paytm Mall
eBay expands in India through Paytm Mall integration. Source: shutterstock.com
eBay and Indian e-commerce marketplace Paytm Mall announced an agreement that will make eBay inventory accessible to tens of millions of Paytm Mall active customers in India. Additionally, eBay is making an investment in Paytm Mall and will own approximately 5.5% of the company.
Paytm Mall makes international purchases frictionless for customers in the Paytm ecosystem. Through technology and strategic partnerships, Paytm Mall has been able to overcome the challenges that cross-border trade presents, such as high delivery costs, returns and long timelines, while ensuring that regulatory requirements are met, including the payment of customs duties.
The new relationship between the two companies provides eBay sellers the opportunity to reach new customers in a rapidly growing market, while providing Paytm Mall buyers a wide selection of global inventory that would normally be out of reach locally. In the coming weeks, millions of products sourced from eBay sellers around the world will be surfaced on the Paytm Mall shopping experience within the Paytm ecosystem.
In the months since launching eBay.in in early January, eBay has turned its attention to enabling India’s small and medium-sized businesses to sell their products to customers around the world.
Paytm Mall is part of India’s largest digital ecosystem, Paytm, which has over 450 million registered customers, over 130 million active users and over 12 million registered merchants.
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