eBay Shakes Up Alternative Payments, Amazon Sidelined
Written by Evan SchumanOctober 9th, 2008
When eBay on Monday (Oct. 6) announced that it was buying alternative payment vendor Bill Me Later for $820 million in cash and about $125 million worth of outstanding options, the alternative payment landscape got a lot more complicated.
Will eBay's move prompt Amazon to reconsider accepting Bill Me Later? The Amazon and Bill Me Later "relationship is dying if not dead already," said Bruce Cundiff, director of payments research and consulting for Javelin Strategy and Research.
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Our Comment SPAM system is getting very aggressive these days and has been blocking legitimate comments. If you post a comment and don't see it appear within 2 hours or so, can you please send a heads-up to customer-service@storefrontbacktalk.com? Ideally, please include the time you posted the comment. That will allow us to try and hunt for it. Thanks! P.S. We're working on fixing the system, but we don't want to lose any valuable comments in the meantime.
I have strong reservations about the 'individual' certification and posting of that information for merchants. Can you imagine the potential employee poaching that might occur? The implications when competitors can look up how many are certified with each of their competitors?
-Christine
