Quote:
Originally posted by <IMX>
Most likely PayPal will phase out adult processing.
They have already indicated that they will end processing for gaming.
Ebay alone has more than enough room for Pay Pal to grow, with next to no competition. Given that competitive outlook, why would they bother with entrenched adult competitors? Not to mention the stigma.
The purchase was a good move by Ebay IMHO.
Billpoint, Ebay's paypal like service, never got any traction in the market place. I'm sure Ebay did not want to wait on Pay Pal failing before they purchased. Now Ebay can focus on correcting Pay Pal's image and customer support problems.
Ebay is probably under fire to transition merchants from accepting check and money order purchases to PayPal, so they can better insure tracking and fulfillment.
Just my
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Billpoint will be phased out by eBay. I believe the only competitors are citi bank and hyper wallet. Great business move in my opinion.