PayPal Business Offerings Could Boost EBay Stock
PayPal has rolled out some additional online and mobile payment options geared specifically to small businesses.
Recently, it rolled out PayPal Payments, a suite of payment offerings that provides small businesses with multiple options to accept payments from customers.
PayPal competes primarily with Google(GOOG) , Square and other competitors.
Check out our complete analysis of eBay here.
PayPal Payments for small businesses enables merchants to accept payments online via PayPal, physically via PayPal Here and through mobile via PayPal Mobile. It also includes a debit card with cash-back features. The new suite targets businesses with different needs and payment options by coming in four versions: standard, pro, advanced and nonprofit.
With this move, PayPal aims to become the default payment processor for small businesses and merchants by offering a complete array of services, enabling them to accept any type of payment.
PayPal accounts for a significant portion of eBay's revenues and around 27% of its overall value. We currently have a $42 Trefis price estimate for eBay, which stands nearly 10% above the market price.
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