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

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.
Comments (3)
  • 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
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