Now what is ebay doing??????????????

[dbrown]

"Adyen’s business is solely focused on providing back-end payments services, like credit card processing, to businesses, so you won’t see any Adyen payment buttons pop up on eBay. But Adyen will become the primary payments processor for eBay sites across the world.

After the existing eBay-PayPal agreement ends in 2020, PayPal will remain a payment option for shoppers on eBay, but it won’t be prominently featured ahead of debit and credit card options as it is today. PayPal will cease to process card payments for eBay at that time."

https://www.recode.net/2018/1/31/169...ents-agreement

[ctownboy]

This could be why PayPal stock dropped about $10 dollars a share today.

David

[D. Bergin]

Anybody remember "Billpoint"?

Ebay's constant case of ADHD, and insistence on fixing (ie. breaking) things that aren't broke will eventually lead to their downfall.

[toledo_mudhen]

eBay so desperately wants to be Amazon - this is just one more step in that metamorphosis

[bxb]

This article explains it a little more clearly:

https://www.recode.net/2018/1/31/169...ents-agreement

[D.P.Johnson]

Originally Posted by bxb

This article explains it a little more clearly:

https://www.recode.net/2018/1/31/169...ents-agreement

Thank you for the link.

[ibuysportsephemera]

This makes a lot of sense for eBay. The main way I get contact information from my buyers is through the paypal transaction. If eBay is handling the payment process, you will only know the address and the name of the buyer but not email and phone information.

If eBay isn't too greedy, it could help sellers by charging less than paypal for payment processing. I guess this is wishful thinking.

Jeff