EBay EBAY, -1.46% and PayPal PYPL, divided into two separate companies in July 2015, while maintaining a five-year enterprise agreement that would keep PayPal the e-commerce giant`s main payment partner. The companies announced in January 2018 that they would not renew the agreement after it expired, which took place over the weekend. Whenever eBay, PayPal or any other party takes more control over our business, it is not good at all. Ebay is already angry at all the rules applicable to sellers and places buyers above the sellers. Most of us don`t need constant news of ebay on what`s for sale – how. As sellers already pay huge fees to sell on Ebay, they should be able to sell anything they want. what they want, as long as it`s legal. If not PayPal, how this new company will not handle payers, returns that are out of control. For more information on factors that may affect the company`s operating income, see «Risk Factors» and «Discussion and Analysis of Financial Status and Management Results» in the company`s latest management report on Form 10-K and subsequent quarterly reports on Form 10-Q, copies of which can be obtained via the company`s investor relations website under investors.ebayinc.com or on the SEC`s website under www.sec.gov. All information in this version is as of January 31, 2018. Forward-looking statements contained in this press release, based on information available to the Company at the time of this press release, should not be overstated in any forward-looking statements. The company does not undertake to update these statements.
The authorization to pay the amounts due under Part I, Section 9, is an electronically-authorized penalty agreement («PAD agreement») that you enter into for commercial purposes to allow eBay to debit your specified bank account and is subject to Payments Canada rules. This new policy has been sold on ebay since 1999 and sounds like a recipe for disaster. I`ll sell a lot less, if that`s the case on ebay.