Source: cnet eBay said it is acquiring online payments company PayPal in a deal valued at $1.5 billion. eBay will also phase out its own competing service, eBay Payments by BillPoint. PayPal, which went public earlier this year, allows consumers to make and accept payments over the Internet without using a credit card. The bulk…
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Payment Services: Super-Safe Third-Party Transactions
Source: eBay and Escrow.com Escrow.com protects both Buyers and Sellers by acting as a trusted third-party during the transaction and managing the payment process from start to finish. Escrow is ideal for transactions over $500 because it provides added protection. Services are provided by Escrow.com, a fully-licensed escrow provider. Here’s how it works: Step 1:…
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