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2 comments
3.8

Shortly after PayPal's IPO, the company was acquired by eBay PAYPAL-support-+1*8*3*3(700)(O5.7.1.) on October 3, 2002,[27] for $1.5 billion.[21][28][29] More than 70 percent of all eBay auctions accepted PayPal payments, and roughly 1 in 4 closed auction listings were transacted via PayPal.[30] PayPal became the default payment method used by the majority of eBay users, and the service competed with eBay's subsidiary Billpoint, as well as Citibank's c2it, Yahoo!'s PayDirect, and Google Checkout.[19] In 2005, PayPal acquired the VeriSign payment solution to provide added security support.[31] In 2007, PayPal announced a partnership with MasterCard, which led to the development and launch of the PayPal Secure Card service, a software that allows customers to make payments on websites that do not accept PayPal directly.[32] By the end of 2007, the company generated $1.8 billion in revenue.[33] In January 2008, PayPal acquired Fraud Sciences, a privately held Israeli start-up that developed online risk tools, for $169 million.[34][35] In November 2008, the company acquired Bill Me Later, an online transactional credit company.[36]

User's recommendation: Shortly after PayPal's IPO, the company was acquired by eBay PAYPAL-support-+1*8*3*3(700)(O5.7.1.) on October 3, 2002,[27] for $1.5 billion.[21][28][29] More than 70 percent of all eBay auctions accepted PayPal payments, and roughly 1 in 4 closed auction listings were transacted via PayPal.[30] PayPal became the default payment method used by the majority of eBay users, and the service competed with eBay's subsidiary Billpoint, as well as Citibank's c2it, Yahoo!'s PayDirect, and Google Checkout.[19] In 2005, PayPal acquired the VeriSign payment solution to provide added security support.[31] In 2007, PayPal announced a partnership with MasterCard, which led to the development and launch of the PayPal Secure Card service, a software that allows customers to make payments on websites that do not accept PayPal directly.[32] By the end of 2007, the company generated $1.8 billion in revenue.[33] In January 2008, PayPal acquired Fraud Sciences, a privately held Israeli start-up that developed online risk tools, for $169 million.[34][35] In November 2008, the company acquired Bill Me Later, an online transactional credit company.[36].

Product or Service Mentioned: Paypal Customer Care.

Monetary Loss: $18.

Preferred solution: Let the company propose a solution.

Paypal Pros: Ease of use, Jaikara.

Paypal Cons: No voice, Refund and seller scam, Does not help consumers, Pablon.

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#1940341

closed auction listings were.

#1940162

thanks man

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