The largest online marketplace eBay announced an agreement with the international payment company Adyen to pay for goods. Earlier eBay cooperated in this direction with PayPal.
The new partner does not mean that PayPal is completely out of the game: customers will pay for goods via Adyen without leaving eBay, but they can also use PayPal if they wish, although you will have to leave the site and go to the payment service website.
Adyen is a much smaller company compared to PayPal, based in Holland. Last year, it was valued at $ 2.3 billion. In 2015, Adyen entered into an agreement with BitPay, which helps the system handle payments in bitcoins and a number of other cryptocurrencies.
eBay explained that the reason for this decision was the desire to cut costs and strengthen control by sellers. After the publication of news, the shares of PayPal fell by 10%.
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