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Yahoo Shuts Down Their PayPal Competitor

Posted by ryuzaki0 on from the imagine-that dept.

LostCluster writes "MSNBC and ZDnet are both reporting that Yahoo and HSBC have announced a shutdown plan for their PayDirect service which was their rival to PayPal. Since CitiBank abandoned their c2it service last year, PayPal now seems to be a monopoly by default." There are other players in this field, though, like bidpay and worldpay.

1 of 257 comments (clear)

  1. In other news... by bastardsquadmuzz · · Score: 5, Funny

    ...the American public cry out that the Dollar is a monopoly, and that Pounds and Yen should be allowed as well.

    --
    --Muzz