eBay will fight this tooth and nail. All of their earnings growth is coming from PayPal. They don't want a rival service taking their revenue.
When Google Checkout started, eBay claimed they could not give them "approved" status as they were not a proven service and they had safety concerns.
Of course,that was complete BS. Google may have started with a couple of college kids in a dorm room, but by the time Google Checkout came into existence, it was a major corporation already. Whatever Google Checkout's faults may be, I have never worried about them becoming insolvent or declaring bankruptcy.
So, even though whatever excuse they come up with for not approvng the new service will seem silly, they will try to announce their denial with a straight face and then do what they do best. Refuse to ever change their position or discuss it.
Last edited by jeffweico; 05-30-2011 at 02:08 AM.
|