Re: Isn't ebay going to go out of business due to Managed Payments?
Ebay is not growing,so having its own payment processor will raise its revenue and profit.
Paypal makes money on transaction fee 30 cents when it only pays 10 cents and discount rate of 2.9% when it only pays 1-1 1/2 %
and it makes money on cross border transaction 4.4%,foreign exchange conversion.
but Paypal is also tired of serving Ebay as there are too many squabbles,disputes,chargeback,appeal .
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