Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Discover (DFS +5%) and PayPal ink a deal giving the eBAY (EBAY +3.9%) unit access to...

  • Wednesday, August 22, 2012, 9:47 AM ET
    Discover (DFS +5%) and PayPal ink a deal giving the eBAY (EBAY +3.9%) unit access to Discover's network (7M+ retailers). Under the agreement, PayPal will issue payment cards to its 50M users allowing them to make payments anywhere Discover is accepted. PayPal will charge merchants a small fee, of which Discover will get a cut.
Track new comments on this story

This news story has 3 comments:

  • Awesome news for shareholders of eBay.
    22 Aug 2012, 10:21 AM Reply Like
  • What if paypal users don't WANT Discover cards?
    22 Aug 2012, 11:31 AM Reply Like
  • Where are the IPHONE aps? Who wants another card? So yesterday.
    22 Aug 2012, 11:35 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)