eBay Plays Diminishing Role in PayPal’s Future

At a press conference after the keynote, I asked PayPal’s president Scott Thompson where eBay was in all of this.

via eBay Plays Diminishing Role in PayPal’s Future.

eBay has to play a diminishing role. eBay had giant liability for years for having a closed system with Paypal only. Credit cards are accepted online, but it is kludgy at best. They will support more credit card gateways next year which makes eBay less relevant for Paypal. It has to be so eBay is not sued for monopolistic behavior with Paypal.

We also know Paypal’s growth has been outside of eBay for many quarters. So, for anyone that follows the earnings report for Paypal, this has not been news for several years now.

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