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To: sales@thelogomasters.com
Subject: eBay Breaks Up with PayPal for Another Partner
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Date: Thu, 01 Feb 2018 12:59:33 -0500
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eBay Breaks Up with PayPal for Another Partner

Even in business, some partnerships are not just meant to last. Despite
working closely together for more than a decade, eBay recently announced
that it would be ditching long-time partner PayPal as its primary payments
processor by 2020.

In a post on its company website, eBay announced on Wednesday that it has
signed an agreement with Adyen, to replace PayPal. Ayden is an
Amsterdam-based global payment company and one of PayPal's rivals.

eBay acquired PayPal in October of 2002 for $1.5 billion. At the time, the
two services seemed to be well-paired with eBay controlling the lion share
of the online auction market while PayPal was the top player in online
payment processing. However, by July of 2015, the two returned to being
standalone businesses.

While Adyen will eventually be easing out PayPal from its current role,
eBay assures that PayPal will remain one of the payment options that buyers
can choose upon checkout. eBay further revealed it has an "Operating
Agreement with PayPal, which remains in place through mid-2020."

======================================================================

- Sponsored -

Simplify your order fulfillment

Rakuten Super Logistics is the leading expert in eCommerce Order
Fulfillment. With same day order processing, a 100% order accuracy
guarantee, and dedicated client support, RSL is committed to bringing your
ecommerce vision to light!

Learn more ...
http://edna.ientry.com/link.php?M=316126&N=714&L=3981&F=T

======================================================================

According to the auction giant, the shift to Adyen will bring in multiple
benefits to both sellers and buyers. The cited benefits to sellers include
lower costs and a simplified pricing structure, easier tracking of
transactions and payment information as well as greater sales conversion
due to the expanded payment options.

Buyers, on the other hand, will now have more payment options upon
checkout. eBay likewise promised that a more streamlined checkout
experience.

Working together with eBay is a big win for Adyen especially considering
the company's relatively small size. Adyen posted a net revenue of $178
million in 2016. In comparison, rival PayPal posted almost $11 billion in
revenue for the same period.

Understandably, eBay's announcement negatively affected PayPal shares with
its price plummeting by as much as 10 percent on Wednesday's trading.
However, it is unclear how much the Adyen deal will affect its bottom line.
At the moment, PayPal's market value is around $102 billion, more than
twice Ebay's value of $42 billion. In addition, PayPal seems to be doing
fine and has recently reported a 59 percent rise in profit for the fourth
quarter of 2017.

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<p class="h1"><a
href="http://edna.ientry.com/link.php?M=316126&N=714&L=4127&F=H"
style="color: #333333; text-decoration: none;">eBay Breaks Up with PayPal
for Another Partner</a></p>
<p>Even in business, some partnerships are not just meant to last. Despite
working closely together for more than a decade, eBay recently announced
that it would be ditching long-time partner PayPal as its primary payments
processor by 2020.</p>
<p>In a post on its company website, eBay announced on Wednesday that it
has signed an agreement with Adyen, to replace PayPal. Ayden is an
Amsterdam-based global payment company and one of PayPal's rivals.</p>
<p>eBay acquired PayPal in October of 2002 for $1.5 billion. At the time,
the two services seemed to be well-paired with eBay controlling the lion
share of the online auction market while PayPal was the top player in
online payment processing. However, by July of 2015, the two returned to
being standalone businesses.</p>
<p>While Adyen will eventually be easing out PayPal from its current role,
eBay assures that PayPal will remain one of the payment options that buyers
can choose upon checkout. eBay further revealed it has an "Operating
Agreement with PayPal, which remains in place through mid-2020."</p>
</td>
</tr>
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RSL is committed to bringing your ecommerce vision to light!</p>
<p style="margin: 0; margin-bottom: 10px;"><a
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<p>According to the auction giant, the shift to Adyen will bring in
multiple benefits to both sellers and buyers. The cited benefits to sellers
include lower costs and a simplified pricing structure, easier tracking of
transactions and payment information as well as greater sales conversion
due to the expanded payment options.</p>
<p>Buyers, on the other hand, will now have more payment options upon
checkout. eBay likewise promised that a more streamlined checkout
experience.</p>
<p>Working together with eBay is a big win for Adyen especially considering
the company's relatively small size. Adyen posted a net revenue of $178
million in 2016. In comparison, rival PayPal posted almost $11 billion in
revenue for the same period.</p>
<p>Understandably, eBay's announcement negatively affected PayPal shares
with its price plummeting by as much as 10 percent on Wednesday's trading.
However, it is unclear how much the Adyen deal will affect its bottom line.
At the moment, PayPal's market value is around $102 billion, more than
twice Ebay's value of $42 billion. In addition, PayPal seems to be doing
fine and has recently reported a 59 percent rise in profit for the fourth
quarter of 2017.</p>
</td>
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