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A Nomura note predicting higher card fees for PayPal (previous) helped eBay (EBAY -0.6%) make...

A Nomura note predicting higher card fees for PayPal (previous) helped eBay (EBAY -0.6%) make fresh 2013 lows. "Payment networks are taking the gloves off," writes Nomura. With PayPal's rapid growth and offline expansion efforts making it a bigger rival to Visa (V) and MasterCard (MA), "the incumbents will do everything in their power to prevent PayPal from riding on their rails without extracting a toll." Evercore thinks a new MasterCard fee for online payments services could be aimed at getting service providers to share more transaction info.
Comments (4)
  • Just cut the plastic and Paypal. Use traditional checks and cash. I'm old school. I usually pay in cash.
    18 Mar 2013, 11:31 PM Reply Like
  • This approach is good if you are standing in front of the seller. How do you purchase on-line? Cash is out and sellers resist checks.
    19 Mar 2013, 09:59 AM Reply Like
  • Exactly what is the benefit of paying cash? With credit, you get points, a record of your purchases and benefits to your credit score without having to go to the ATM every couple weeks.
    19 Mar 2013, 01:47 PM Reply Like
  • Checks are quite possibly the slowest and most-unsecure form of payment out there right now. You are giving people your routing/account number every time you write one.
    21 Mar 2013, 10:09 AM Reply Like
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