[roordan]

I think the idea is that eBay doesn't want to have users sign up with Paypal anymore. Instead only ever interact with eBay, with Adyen just being the pipes for eBay.

[dboreham]

The idea is that they want their god-given chunk of that sweet transaction margin, not hand some proportion of it over to PayPal.

[jacquesm]

Then they should have kept PayPal as a subsidiary.

[roordan]

Ha! Nothing like improving the bottom line.