PayPal and ebay are splitting up

PayPal and eBay split

I just found out that PayPal and ebay are going their separate ways.  I can’t help having a wry smile on my face, remembering how the behemoth ebay tried to ram PayPal as the only payment option in eBay and created a justifiable furore over it.

There seem to be a few major factors that have brought about this split.  No small matter is the introduction of a new competent competitor: Apple Pay.

You can find some of the main reasons for the PayPal/ebay split here:

• forbes.com: Ebay and PayPal to Split
• telegraph.co.uk : The five reasons behind PayPal’s split from eBay

As for Apple Pay, I am not sure what the uptake will be here in Australia.  (Sometimes we just seem to be that much slower than America 🙁 )  Apparently we can use Apple Pay on our iPhones and iPads.

See:

• apple.com: about Apple Pay
• support.apple.com: Set up and use Apple Pay on your iPhone or iPad

Sidenote:

Well, the first thought is that Apple would have named their new financial payment system as iPay.  But then again, on second thoughts, I guess that would have been a very non-attractive name!! 😉
Any thoughts?