According to its latest annual regulatory filing, eBay views bitcoin platforms as potential competitors to PayPal.
Annual reports filed to the US Securities and Exchange Commission (SEC) rarely make for compelling reading, but the latest report filed by eBay is a bit different.
The company’s 10-K is bland, but the section on PayPal might cause some buzz in the bitcoin community. In the report eBay outlines the scope and operation of PayPal, and it goes on to itemize competitive challenges faced by the service.
Such challengers include: providers of digital wallets, payment card processors, Amazon payments, providers of mobile payment services and card readers for mobile devices, as well as omni-channel POS (point of sale) solutions.
In addition, PayPal faces competition and potential competition for money remitters, bill payment services, issuers of stored value targeted at online payments, providers of online account-based payments, various payment services and digital currencies. ...
www.coindesk.com/...pay-coinbase-potential-paypal-competitors/