PayPal is enabling small and medium-sized merchants to offer Bill Me Later as a financing option for online transactions. Consumers can get no-interest financing for six months on purchases of $99 or more. The move should help small businesses by increasing order sizes and conversions. Read more »
EBay is continuing its buying spree, snapping up Germany’s BillSafe, a payment-by-invoice provider. The new acquisition will be rolled up into PayPal, which made a minority investment in BillSafe last year and collaborated on a joint online invoice payment solution for e-commerce customers. Read more »
Today eBay said it would spend $945 million to buy online payment company Bill Me Later, but the folks over at Amazon.com aren’t likely to welcome eBay as Bill Me Later’s new corporate overlords. Amazon holds an equity stake in the payment processing company and is […] Read more »
