Looking to learn about eBay and Paypal?
E-Bay and
Paypal are two giant
firms which are involved in sales transactions of customers.
E-Bay is an online portal in which buyers could auction and bid
items for sale. On the other hand, Paypal is the most popular
online payment system used through credit cards. The teaming up
of both firms is inevitable because E-Bay provides the goods to
be purchased while PayPal provides the resources to be used.
E-Bay has indeed grown as the number one
destination of online shopping through auctions. E-Bay offers a
variety of choices when it comes to books, food, gadget,
technology stuff, and
many others. The variety and diversity of E-Bay makes it the
most visited site whenever buyers are thinking of something to
purchase. It is also a favorite destination for online shoppers
who want to have a quality bargain of the items they want to
buy. On the other hand, Paypal is the most reliable online
payment system utilized whenever holding transactions. The firm
claims that they have 16 million users worldwide. Despite of
such successes for both firms, there are still many criticisms
regarding the nature of both
businesses.
E-Bay is often criticized as a portal that is
not pro-buyers instead, it some people consider it as
pro-sellers. Some buyers accuse E-Bay as not being true to their
business and does not really live up to their word. On the other
hand, Paypal does not really receive a lot of complaints but
when it does, no one seems to mind. This is because their
customer service department does not do their job well. No one
really assists the customers and when they reply, it seems like
the customer waited for 20 years before an action was done.
Due to the partnership of these two companies,
many speculated that E-Bay would acquire Paypal. Many people
were not in agreement to this deal because they believe that
once E-Bay had acquired Paypal, the rotten service of the firm
would eventually be more than worst. Aside from that,
competition would also
diminish in the market. Despite the said speculations, both
firms deny that a joint venture or acquisition between the two
companies would happen. Both firms insist that they would
continue each other's operations separately and not as a joint
company. Both firms also expressed that their partnership
between each other is solid but not to the point of
collaborating with each other.
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