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IFC Holdings Incorporated FL Acquires 3465 Shares of Paypal Holdings Inc (PYPL)

IFC Holdings Incorporated FL Acquires 3465 Shares of Paypal Holdings Inc (PYPL)

PayPal Holdings, Inc. (PYPL) indicated a yearly performance of 114.48% while year-to-date (YTD) performance stood at 15.89%.

The two companies demerged in 2014 but PayPal remained the primary payment partner and kissing cousin to the retail marketplace. PayPal shares, meanwhile sank 9.75% to $77.00.

EBay said the benefits of the changes would include lower costs for sellers and more payment options for buyers. The company is hooking up with Dutch payment company Adyen, I know I never heard of them either.

When customers checkout, they will have the option to stay on eBay and use Adyen's services - or leave the website and use PayPal.

Adyen is different to PayPal in that it offers back-end payment services.

Late Wednesday, eBay reported fourth-quarter earnings of 59 cents a share on $2.61 billion in revenue, which was in line with analysts' expectations.

EBay and PayPal have become nearly inextricably entwined over the years - but not completely inextricably.

UAE jet enables separatists to seize army base in Aden
Yemen's presidency on Monday condemned recent developments in southern Aden province, describing them as "tantamount to a coup". Saudi Arabia has thus far avoided taking sides.

Haotong Li hails special win over Rory McIlroy at Dubai Desert Classic
But being in the positions I've been in and having two close calls the first couple of weeks of the year, it's a little hard . Two hours later, dejection was writ large across McIlroy's face as Li celebrated the finest win of his fledgling career.

Woods grouped with Reed and Hoffman at Torrey Pines
And the year before that, he made the cut with one shot to spare, but then shot 79 the next day to miss a 54-hole cut. Defending champion Rahm had not even won a Tour event when Woods teed it up at Torrey Pines past year .

EBay now represents 13 per cent of transactions processed by Paypal.

PayPal's new strategic direction has led to partnerships with numerous large financial institutions and big technology companies including Alphabet Inc's (GOOG.O) Google, Apple Inc (AAPL.O), Mastercard Inc (MA.N), Visa Inc (V.N) and JPMorgan Chase & Co (JPM.N). Back in 2002, eBay acquired PayPal for $1.5 billion.

eBay has confirmed it will not be renewing its contract with the online payments system PayPal.

The announcement, under the innocuous sounding headline "eBay to Intermediate Payments on its Marketplace Platform", overshadowed the holiday quarter earnings reports from both companies.

PayPal's net income rose to $620 million, or 50 cents per share, in the quarter ended December 31, from $390 million, or 32 cents per share, a year earlier.

Sellers should expect "to provide eBay with some additional payments-related data and transition to a new relationship with eBay that includes integrated payments", so eBay. PayPal CEO Dan Schulman had said that the company had signed an agreement to make PayPal available as a way to pay on eBay until June 2023, suggesting it may remain a way to pay on the marketplace until then. At present time the stock is moving 34.74% away to its 200-day moving average. The service became a part of e-commerce payment options at most companies that sell goods and services over the internet.

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