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eBay Buys Bill Me Later for USD 820 million

During difficult times like now in the United States, eBay is still able to acquire successful companies with Cash. Yes, you read it right. Hard cold cash.

Like PayPal, Bill Me Later is an online payment option where a buyer does not need to enter his or her credit card details during an online purchase. Further, there is no hassle of registration! This mean no new account is create and no password to remember.

The screen shot below from Bill Me Later website describes well how an online purchase via Bill Me Later is done. [Read more →]