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Re:Want to Understand What Ails the Modern Internet? Look at... by Jaruzel on Monday June 25, 2018 @02:55AM (#17390423)
Good point, forgot about that. tbh, nothing changed after the spin off. eBay still seem to have direct control over how your paypal account gets/loses funds.
Re:Want to Understand What Ails the Modern Internet? Look at... by DrScump on Monday June 25, 2018 @03:00AM (#17390444)
Adyen will be replacing PayPal as eBay's official payments affiliate.
Re:Want to Understand What Ails the Modern Internet? Look at... by vxNsr on Monday June 25, 2018 @11:56AM (#17393385)
If true that's a huge coup! I'd guess that over 3/4 of paypal revenue comes from ebay.
Re:Want to Understand What Ails the Modern Internet? Look at... by DrScump on Monday June 25, 2018 @08:42PM (#17397092)
10 years ago, maybe. Paypal evolved into a full-service payments processor since.

(By "full-service", I am not saying good service; just that they offer a broad spectrum of services now.)

One irony is that eBay was originally very hostile to Paypal as they tried to get traction for their own Billpoint system. They even killed listings for having Paypal payment buttons in them.

Fast forward a few years... eBay becomes so protective of Paypal's de facto monopoly, they made it a policy violation to even mention accepting cash in a listing. (!)