Letter from the PayPal Team
Dear PayPal Member,
As you may have heard, PayPal recently agreed to be
acquired by eBay?. Both companies share a common goal --
to enable PayPal members and eBay users to transact with
greater ease, speed and safety -- and we look forward to
working with eBay to achieve this goal.
Still the Same PayPal
When the acquisition is finalized later this year, the
PayPal brand and website will remain distinct from eBay's,
and PayPal will be run as an independent unit by the same
team that's working here today. PayPal will also continue
to offer a wide variety of non-auction services, including
our Web Accept tools that let sellers accept payments
directly from a website. And eBay has said that at this
time they do not plan to raise fees for either PayPal or
eBay.
Exciting Improvements
eBay's purchase of PayPal does mean that we'll be able to
pursue some exciting improvements. Once the acquisition is
completed, PayPal will be fully integrated into eBay's
website, making it even easier for you to use PayPal to
collect payments for your eBay auctions.
And PayPal's commitment to rapidly developing new,
innovative features isn't going to change. In the months
to come you'll see many major new features from us,
including:
Transactions in Multiple Currencies
Enhancements to our Shipping service
Additional tools for collecting auction payments
We believe that our acquisition by eBay will enable us to
focus on building the best payment tools for you.
Thanks to our Members
We're excited that PayPal is joining the eBay family, and
we hope you are, too. If you have additional questions
about eBay's upcoming acquisition of PayPal, be sure to
click here to view a list of frequently asked questions.
Thanks for making PayPal the world's #1 online payment
service!
Sincerely,
The PayPal Team
On Fri, 12 Jul 2002 09:57:45 +1200
"Brian Swale" <bj@xxxxxxxxxxxxxxx> wrote:
Hi folks
Here's an extract from the on-line Economist.
ONLINE MERGER
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