Quote:
Originally Posted by savedfrommyspokes
Based on the article, ebay is looking to become more involved (translates to making more money) on processing payments, as this will generate additional income for them(that PP is currently receiving). In other words, ebay is no longer using PP and switching to this new payments processing company because they will get more of a cut of each payment than they were from PP.
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I think the main reason ebay is going back to processing payments in house is in an effort to prevent buyers and sellers from having one another's email addresses. They are losing a good deal of revenue for sales being conducted outside of the website.