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Wait, payment processing is seeing a lot more competition and now they decide to split? I don't know if this is such a "value creation" move.
by wheaties 12y ago
Wait, payment processing is seeing a lot more competition and now they decide to split? I don't know if this is such a "value creation" move.
- CamperBob2 12y agoI think the argument is that as the landscape gets more competitive, eBay can't afford to tie themselves so intimately to a single payment provider. That is why eBay's stock lurched upwards as soon as the news was announced. To someone looking to invest in an online marketplace, eBay is more important than PayPal by itself.