Friday December 15, 2017

Was Ebay’s BillMeLater Acquisition A Huge Blunder?
  Posted by: Digg on Nov 26th, 2008 2:10 AM
When eBay paid $945 million for BillMeLater in October, we blinked. The business assigns credit at the point of sale to ecommerce customers who can’t use credit cards because they don’t have them, have maxed out credit limits, or choose not to. It charges fees much like a credit card - currently 19% interest. <p><a rel="nofollow" target="_blank" href=""><img src="" border="0" ismap></a></p><img src="" height="1" width="1"/>

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