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After 15 years, eBay plans to cut off PayPal as its main payments processor eBay announced today that it will stop working with PayPal as its back-end payments service in 2020, and will start to move a small percentage of its payments volume to a new partner later this year. In PayPal's place, eBay has signed a long-term deal with Adyen, an Amsterdam-based payments ...
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Stocks making the biggest moves after hours: Facebook, AT&T & more Prior to the earnings report, shares were up 2.6 percent after PayPal announced a continuing deal with eBay. Microsoft stock lost more than 1 percent after the bell. The technology company reported second quarter financial results that beat analyst expectations on top and bottom lines. Microsoft also ...
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