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by iopq
813 days ago
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Yes, but PayPal was growing off the back of eBay, CyberCash never became entrenched to get the first mover's advantage > The company filed for Chapter 11 bankruptcy on March 11, 2001. VeriSign acquired the Cybercash assets (except for ICVerify) and name a couple of months later. On November 21, 2005 PayPal (already an eBay company) acquired VeriSign's payment services, including Cybercash. https://en.wikipedia.org/wiki/CyberCash so in a way, PayPal ate a lot of the other payment processors |
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