iTWire - ACCC kills eBay's PayPal only plan

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ACCC kills eBay's PayPal only plan

Stan Beer
Thursday, 12 June 2008 16:19

Business IT - Technology

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Dilip Rao, Managing Director for Paymate said, “We have been campaigning for consumer choice – whether on eBay or any online marketplace, which is exactly what the ACCC has concluded. We’re a minnow compared to the Goliath that is PayPal, but we’re happy to compete on equal terms – just give us a go, which is the Australian way.”

However, Mr Rao warned, “It’s not over by a long shot, though. eBay still has many options, including toughing it out and daring anyone to take them on in court. I hope sense will prevail and eBay will embrace the open market principles of its founders.”

As this went to press, eBay had not issued a response to the ACCC release. iTWire will seek comment from eBay Australia and the ACCC as soon as possible.

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