Notwithstanding the otherwise constant stream of delusional and disingenuous nonsense that flows from eBay/PayPal, the share prices of these two clunky operators demonstrate the reality …

Aug 2007: (pre John Donahoe) EBAY ~$40; AMZN ~$40;
Jul 2015 (pre eBay-PayPal split): EBAY ~$66; AMZN ~$480;
Jul 2015 (post-split): PYPL ~$37; EBAY ~$28; AMZN ~$530;
Currently: PYPL ~$36; EBAY ~$24; AMZN ~$558—LOL …
eBay is effectively going backwards, at a rate of knots …

Notwithstanding the “spin-off” of PayPal from eBay, eBay and “PreyPal” remain effectively joined at the hip, and anyone that thinks otherwise is simply uninformed; and, thanks to a continuation of most of the destructive policies introduced over the eight year reign (2007–2015) of the “Pain from Bain”, John Joseph Donahoe II, the eBay marketplace is continuing on its slow journey down the toilet; nevertheless, during Johnny Ho’s occupation of the eBay corner office, this cretin and his gang of hand-picked Keystone Kops still managed to obtain for themselves massive, unearned, “performance” bonuses—while the company’s “long” shareholders received not one penny …

PayPal is a clunky, non-deposit insured, virtually non-regulated, “pretend” bank; a payments intermediary that, in the main, rides on the back of the world’s banks’ existing payments systems with no formal agreement with those banks other than PayPal’s operating of a credit card merchant account facility with, and the making of direct debits/credits on some users’ bank accounts via, one of those real retail banks. Even more perilous (for PayPal’s shareholders), the great majority of PayPal’s business originates from its, still, effectively mandated place on the eBay marketplace, so it logically follows that—with the destructive Johnny Ho-Ho-Ho now sitting at the head of the PayPal boardroom table—”PreyPal” will undoubtedly be accompanying eBay on its journey to the sewage farm.

The reality is, PayPal’s parasitic, intermediary, payments operation has little long-term future, outside of the likes of the atrophying eBay marketplace, now that professional online/mobile payments offerings from MasterCard (“MasterPass”) and Visa (“Visa Checkout”) are available to any professional online merchant that has (or can obtain) a credit card merchant account with a real bank. And, with respect particularly to “mobile” payments, notwithstanding Apple Pay’s disappointing initial showing, methinks Apple Pay, Samsung Pay, Android Pay, “MasterPass”, and “Visa Checkout”, that is, those operators that have formal relationships with the retail banks and MasterCard/Visa, will soon enough throttle the flow of oxygen to a great deal of the clunky PayPal’s parasitic operations—LOL …

Regardless, eBay is likely the most unscrupulous commercial entity operating on this planet; but, have no fear, eBay is an equal-opportunity fraudster; demonstrably, they will knowingly aid and abet the defrauding of buyers by unscrupulous eBay merchants who bid on their own auctions, and, conversely, of honest sellers by unscrupulous buyers—as long as there is a financial benefit in such fraud for eBay. And if anyone thinks that the clunky “PreyPal” is any more scrupulous, given their equally poor customer service and lack of any effective mediation of transaction disputes—with a hard-wired bias towards buyers/payers that they necessarily now have to pander to—good luck to all you small online merchants who may get chewed up in the process, …