Looking to learn about eBay and Paypal?
E-Bay and
Paypal are two
giant firms which are involved in sales transactions of
customers. E-Bay is an online portal in which buyers
could auction and bid items for sale. On the other hand,
Paypal is the most popular online payment system used
through credit cards. The teaming up of both firms is
inevitable because E-Bay provides the goods to be
purchased while PayPal provides the resources to be
used.
E-Bay has indeed grown as the number
one destination of online shopping through auctions.
E-Bay offers a variety of choices when it comes to
books, food, gadget,
technology
stuff, and many others. The variety and diversity of
E-Bay makes it the most visited site whenever buyers are
thinking of something to purchase. It is also a favorite
destination for online shoppers who want to have a
quality bargain of the items they want to buy. On the
other hand, Paypal is the most reliable online payment
system utilized whenever holding transactions. The firm
claims that they have 16 million users worldwide.
Despite of such successes for both firms, there are
still many criticisms regarding the nature of both
businesses.
E-Bay is often criticized as a portal
that is not pro-buyers instead, it some people consider
it as pro-sellers. Some buyers accuse E-Bay as not being
true to their business and does not really live up to
their word. On the other hand, Paypal does not really
receive a lot of complaints but when it does, no one
seems to mind. This is because their customer service
department does not do their job well. No one really
assists the customers and when they reply, it seems like
the customer waited for 20 years before an action was
done.
Due to the partnership of these two
companies, many speculated that E-Bay would acquire
Paypal. Many people were not in agreement to this deal
because they believe that once E-Bay had acquired Paypal,
the rotten service of the firm would eventually be more
than worst. Aside from that,
competition
would also diminish in the market. Despite the said
speculations, both firms deny that a joint venture or
acquisition between the two companies would happen. Both
firms insist that they would continue each other's
operations separately and not as a joint company. Both
firms also expressed that their partnership between each
other is solid but not to the point of collaborating
with each other.
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