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Competition brings our the best in PayPal?

Discussion in 'Payment Processing' started by temi, Aug 2, 2007.

  1. temi

    temi Facilitator Webmaster

    Online payment service PayPal will offer credit financing with General Electric's GE Money Bank in a bid to win new customers and improve business for merchants that use its service. PayPal, which is owned by eBay, is facing increased competition from Google's Checkout, which has made a concerted effort to win over businesses that sell on eBay.
    The new PayPal service, called PayPal Pay Later, lets online merchants offer a credit account with flexible financing options such as no payments for 90 days. f
    Source/full story
  2. gkd_uk

    gkd_uk Moderator Moderator Webmaster

    I don't think this is good as it will only get us into debt :(

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