PayPal refund changes

[Yastrzemski Sports]

I use PayPal every day. I get paid through them for several thousand dollars every month. Most of the money is held there. I use that money to pay others. I pay for all of my postage through them. I pay for items because I have funds sitting there. I contribute a good amount of business both buying and selling every day. When PayPal leaves eBay I may never use it again. I have no reason to. So, for me, my activity goes to zero or very little when the change takes place. They won’t be holding any more of my money. I will keep an account open in case someone wants to pay that way but outside of eBay it’s infrequent. But that’s just me.

Originally Posted by polakoff

You also have to remember that Paypal doesn't pay folks interest, but does earn interest on the money it holds. I don't know numbers (and maybe there's a way to find this information) but if they are holding $1b worth of money for users, not providing them with interest, but earning interest on that money themselves, that's a revenue stream that will not dry up.