3 ms·
Yes, but PayPal was growing off the back of eBay, CyberCash never became entrenched to get the first mover's advantage > The company filed for Chapter 11 bankr
by iopq 3y ago
Yes, but PayPal was growing off the back of eBay, CyberCash never became entrenched to get the first mover's advantage
> The company filed for Chapter 11 bankruptcy on March 11, 2001. VeriSign acquired the Cybercash assets (except for ICVerify) and name a couple of months later. On November 21, 2005 PayPal (already an eBay company) acquired VeriSign's payment services, including Cybercash.
https://en.wikipedia.org/wiki/CyberCash https://en.wikipedia.org/wiki/CyberCash
so in a way, PayPal ate a lot of the other payment processors