EBay to Spin Off PayPal

#1

Post by murtza » Tue, Sep 30, 2014, 11:05 AM UTC

EBay to Spin Off PayPal
dealbook.nytimes.com

Re: EBay to Spin Off PayPal

#2

Post by wheaties » Tue, Sep 30, 2014, 11:40 AM UTC

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.

Re: EBay to Spin Off PayPal

#3

Post by pratyushag » Tue, Sep 30, 2014, 11:44 AM UTC

Great decision, allowing PayPal to grow beyond the virtual ceiling placed by being governed by a marketplace company which rightly has its own agenda before PayPal's.

Re: EBay to Spin Off PayPal

#4

Post by ghshephard » Tue, Sep 30, 2014, 11:54 AM UTC

The first thing that comes to mind is that the clock has just started ticking for PayPal to become accepted all over the web in places that it may not have been as welcome. For example, I'm sure Amazon will add PayPal within 90 days of Paypal going public (if not sooner).

Re: EBay to Spin Off PayPal

#5

Post by Shivetya » Tue, Sep 30, 2014, 11:58 AM UTC

pratyushag wrote: post #3

Great decision, allowing PayPal to grow beyond the virtual ceiling placed by being governed by a marketplace company which rightly has its own agenda before PayPal's.

As long as the split does not disrupt the current relationship for buyers and sellers using Ebay. Right now the process is quite simple and there had been recent efforts to link the two sites even more, as in not needing to ever log into Paypal to complete ebay purchases.

hopefully that integration won't suffer.

Re: EBay to Spin Off PayPal

#6

Post by CJefferson » Tue, Sep 30, 2014, 11:58 AM UTC

ghshephard wrote: post #4

The first thing that comes to mind is that the clock has just started ticking for PayPal to become accepted all over the web in places that it may not have been as welcome. For example, I'm sure Amazon will add PayPal within 90 days of Paypal going public (if not sooner).

Really? Given that Amazon have a competing product (Amazon Payments), I'd be surprised if they supported Paypal?

Re: EBay to Spin Off PayPal

#7

Post by conchy » Tue, Sep 30, 2014, 11:59 AM UTC

Smart move, eBay divests before bitcoin really starts eating PayPal's lunch

Re: EBay to Spin Off PayPal

#8

Post by spatz » Tue, Sep 30, 2014, 12:03 PM UTC

ghshephard wrote: post #4

The first thing that comes to mind is that the clock has just started ticking for PayPal to become accepted all over the web in places that it may not have been as welcome. For example, I'm sure Amazon will add PayPal within 90 days of Paypal going public (if not sooner).

So when are they adding Google Wallet?

Re: EBay to Spin Off PayPal

#9

Post by Rachelgee » Tue, Sep 30, 2014, 12:05 PM UTC

NoOoOoOo!

Re: EBay to Spin Off PayPal

#10

Post by DanBC » Tue, Sep 30, 2014, 12:06 PM UTC

conchy wrote: post #7

Smart move, eBay divests before bitcoin really starts eating PayPal's lunch

Bitcoin provides zero protection to buyers.

It's delusional to think people would want to buy stuff from ebay without the protections from Paypal or their credit card provider.

Current consumer protection advice is to walk away from any sale that uses things like Western Union or cash transfer - and this is likely to be extended to include Bitcoin as soon as anyone in the general public hears about Bitcoin.