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Yahoo Introduces New Payment Feature With eBay

     
10:04 pm on Apr 17, 2007 (gmt 0)

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Yahoo Inc. said late Tuesday that it's introducing a new feature in cooperation with Yahoo partner eBay Inc. Yahoo Chief Executive Officer Terry Semel, in a conference call with financial analysts Tuesday, described the new features as one that involves eBay's PayPal online payments feature, and "provides merchants and advertisers a more streamlined process" for online payments. As an extension of the strategic relationship between Yahoo! and eBay, the two companies are partnering to improve the online shopping experience for consumers. Starting April 17, Yahoo's sponsored search results will feature a blue shopping cart icon linking to merchants that accept PayPal Express Checkout.

Yahoo Introduces New Payment Feature With eBay [marketwatch.com]

10:56 pm on Apr 17, 2007 (gmt 0)

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And free processing thru to 2008.
[paypal-promo.com...]
4:49 am on Apr 18, 2007 (gmt 0)

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It's about time! I wonder why Yahoo did not buy Doubleclick... I agree with Jim Cramer it is time to dump Terry Semel and get a CEO that can get some deals going to compete with Google.
5:17 am on Apr 18, 2007 (gmt 0)

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And free processing thru to 2008.

I read it to say December 2007. Good catch about the promotion though!

Edit: Sorry I re-read what you posted. I thought you posted December 2008...

7:39 am on Apr 18, 2007 (gmt 0)

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Starting April 17, Yahoo's sponsored search results will feature a blue shopping cart icon linking to merchants that accept PayPal Express Checkout.

Sounds just like what Google are doing ;)

However, Yahoo will probably benefit from working with a well known name like Paypal. Also, of course Yahoo don't own Paypal and Google have their own payment processing.

8:39 am on Apr 18, 2007 (gmt 0)

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It's about time! I wonder why Yahoo did not buy Doubleclick... I agree with Jim Cramer it is time to dump Terry Semel and get a CEO that can get some deals going to compete with Google.

So do you think they should have paid more than 3.1 billion?

I'm excited about this. I've always liked PayPal and I'm rooting for Yahoo to do great things. It seems like Y may win this little battle.

12:35 pm on Apr 18, 2007 (gmt 0)

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It would be in Pay Pal's interest now to become regulated like a bank. Too many horror stories about accounts being locked down. Merchants know this and do not trust them. Especially with very large amounts of money. If pay pal was regulated, then we would consider them. Since they are not we would never trust them with any of our sites.
 

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