eBay, Inc. (Nasdaq: EBAY) and Wells Fargo (NYSE: WFC) announced Wednesday that they have partnered to expand online payment processing company Billpoint, thereby enabling eBay’s 10 million users to make payments to one another by credit card. Until now, most buyers at eBay’s auction site were forced to mail money orders or checks to sellers when they made a purchase on the popular Internet auction site.
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eBay Taps Wells Fargo for New Credit Payment System
Posted by: Mary Hillebrand March 1, 2000 12:00 AMeBay, Inc. (Nasdaq: EBAY) and Wells Fargo (NYSE: WFC) announced Wednesday that they have partnered to expand online payment processing company Billpoint, thereby enabling eBay’s 10 million users to make payments to one another by credit card. Until now, most buyers at eBay’s auction site were forced to mail money orders or checks to sellers when they made a purchase on the popular Internet auction site.