Subject:
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Re: Billpoint by eBay/Wells Fargo
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 2 Mar 2000 15:54:40 GMT
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Viewed:
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512 times
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I looked into setting up a Billpoint account, but it was for a select few
while they were testing. They charge something like 5% as a fee. In that
respect, I think that x.com and paypal will still be around, since who wants
to double their ebay commission fees?
Mike
Rob Doucette <news@doucettenet.com> wrote in message
news:FqsxA2.MwI@lugnet.com...
> What will this do to PayPal/X.com??
>
> http://www.newsscan.com/cgi-bin/findit_view?table=newsletter&id=1393
> NewsScan Daily Archives
>
> SYSTEM LETS INDIVIDUALS ACCEPT CREDIT-CARD PAYMENTS
> Billpoint, a new Internet payment method developed by eBay.com and Well
> Fargo, will allow individual buyers and sellers using eBay's auction
> services to complete their transactions using the buyer's credit card and
> the seller's bank account. Once the sale is completed, the purchase • amount
> will be transferred immediately into the seller's checking account. (Wall
> Street Journal 1 Mar 2000) http://www.wsj.com
>
> --
>
> -Rob Doucette.
>
>
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