Saturday, April 11, 2015

PayPal and Ebay said it had agreed not to reduce the volume of transactions through PayPal for the next five years. As you may be aware, PayPal electronic payment division owned by Ebay last year were divided into two different companies.

PayPal is believed to have a value of 40 billion dollars. Ebay has agreed that 80% of its purchases can be made through PayPal for the next five years. Also it was agreed that each of the companies will continue to pay commissions on every purchase but PayPal will charge for less than Ebay merchants other platforms online internet shitbljerjes.

The new agreement also prohibits Ebay create a personal sistm payments as PayPal prohibits create its online shop to purchase.

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