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 17:43:40 GMT
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Viewed:
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566 times
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Not a lot for us cheapskates - Ebay charges the seller 4.5% of the sale price,
I believe. X and PayPal charge nothing.
Rob Doucette wrote:
> 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.
--
| Tom Stangl, Technical Support Netscape Communications Corp
| Please do not associate my personal views with my employer
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