So ebay is ditching Paypal in favour of a company known as Adyen. This has resulted in shares dropout for Paypal. I wonder how long it will be before we find out that ebay is closely tied to Adyen...?
Location: East Riding of Yorkshire these days
Posts: 4,779
I'm Shaun.
So ebay is ditching Paypal in favour of a company known as Adyen. This has resulted in shares dropout for Paypal. I wonder how long it will be before we find out that ebay is closely tied to Adyen...?
I thought eBay owned paypal
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The companies split a couple years ago.
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I've just read a message from ebay about this. PayPal is not ditched and remains a payment method method. Ayden, apparently will become the primary payment handler.
I'd guess that although co-owned, ebay and PayPal operate autonomously and are free to choose alternative trading partners.
Location: n.yorks, uk
Posts: 66
I'm graham.
ex rbs guy takes on worldpay ?
Location: London/Durham
Posts: 6,881
I'm Lawrence.
Something tells me that someone is cutting costs here and both decent buyers and sellers will lose out. The obvious cost cuts will be the humans who intervene in disputes (albeit usually sticking rigidity to the rules) and the fraudsters and shisters will gain. I hope I'm wrong, but if I lose my PayPal protection then it's no better than Amazon marketplace which I currently avoid for that reason.
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