EBay to Stop Taking American Express After Fee Dispute

Online marketplace calls Amex fees ‘unacceptably high’
Change to take effect Aug. 17; Amex defends its fees

EBay has lost significant market share to other e-commerce giants in recent years. — EBay has lost significant market share to other e-commerce giants in recent years.
Photographer: Gabby Jones/Bloomberg

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By Paige Smith and Spencer Soper

June 5, 2024 at 6:20 AM UTC

Corrected

June 5, 2024 at 9:19 PM UTC

This article is for subscribers only.

EBay Inc. will drop American Express Co. cards as a payment option because of “unacceptably high fees,” according to a statement from the online marketplace.

EBay on Wednesday notified customers about the change, which is set to take effect Aug. 17.