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eBay Drops PayPal As First Choice For Payments

posted by Fnord666 on Thursday February 01 2018, @11:59PM   
from the done-with-the-pay(pal)ola dept.

"Arthur T Knackerbracket" writes:

Arthur T Knackerbracket has found the following story:

People buying items on eBay will be able to pay without leaving its website, and sellers will have lower processing costs, the online giant said in a blog post.

EBay has signed an agreement with Dutch firm Adyen to process payments, but buyers will still be able to use PayPal on the site until at least 2020.

PayPal was spun off from eBay in 2015.

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Original Submission

• Re:PayPal is too costly Re:PayPal is too costly (Score: 3, Funny) by lx on Friday February 02 2018, @08:51AM (1 child)

  by lx (1915) on Friday February 02 2018, @08:51AM (#631923)

  *sigh* I hope someday we can develop an anonymous payment/purchase system that no one can interfere with, but there is hardly any demand for it, so I will die waiting...

  A million crypto nerds worldwide started frothing at the mouth soon after this sentence was posted. They didn't even read the post. They somehow sensed that it was made.

  Parent

  Starting Score:	1		point
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  Funny=1, Total=1
  Extra 'Funny' Modifier		0
  Karma-Bonus Modifier		+1
  Total Score:		3

• Re:PayPal is too costly (Score: 0) by Anonymous Coward on Saturday February 03 2018, @03:37AM

  by Anonymous Coward on Saturday February 03 2018, @03:37AM (#632336)

  A million crypto nerds worldwide...

  are producing garbage. Let 'em froth!

  A long time ago there was an electronic card of sorts that could transfer real dollars (in bits) directly to each other. Everything stayed on the cards, no network, no exchanges, no names, nothing, just the money, real P2P (card to card). If we can get that over the internet, that would be a step in the right direction.

  Parent