All Posts Tagged Tag: ‘Bill Me Later’
eBay and PayPal announced today that they are now offering Bill Me Later as a payment option during checkout. This means that "qualified" customers in the U.S. can now buy items and pay for them over time without using a credit card.
The option will be available for Buy It Now and approved auction purchases on eBay. It is also available at "tens of thousands" of online stores that accept PayPal Express Checkout.
When auction revenue falls, eBay decides to bank on payment processing and online classifieds. eBay is buying online bill pay service Bill Me Later and two other companies which are based in Denmark.
eBay said today it is purchasing U.S. based online payments business Bill Me Later for approximately $820 million in cash and $125 million in outstanding options.
The company is also buying Denmark based online classified site dba.dk and vehicles site bilbasen.dk for $390 million in cash.