eBay focuses on online shopping platform

Online shopping and auction company eBay announced it is building a variety of online stores to tap the potential of the era of information technology and Internet booms, especially online payment through Paypal.

Accordingly, eBay launched an online identity program via PayPal Access and X.commerce trading platform.

EBay chief executive John Donahoe said: " We believe that information technology will change trade practices over the next 3 years, even more dramatically than what we have experienced. over the past 15 years, this will create global opportunities for developers and merchants . "

EBay's X.commerce platform will allow merchants and independent developers to build innovative and effective ways to check websites, warehouses, tax calculations and other areas to have. Can manage their online store.

Meanwhile, PayPal Access online payment gateway will allow Internet users to shop on these stores by using their username and password from the current popular PayPal payment system.

With PayPal Access, customers will take less time to fill in the necessary information, and will have more time to purchase and choose the products you like. According to eBay, there are over 100 million PayPal accounts in 190 markets worldwide. It is predicted that the global retail market will reach USD 10,000 billion in 2013.