eBay's PayPal to collect fee on PayPal Money Market Fund deposits

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eBay's PayPal to collect fee on PayPal Money Market Fund deposits

02-01-2006, 09:30 AM,

Post: #1

mandy Offline

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eBay's PayPal to collect fee on PayPal Money Market Fund deposits

Quote:eBay will start collecting a fee to manage money that customers have on deposit in its PayPal Money Market Fund, the company said in a letter to customers.

Starting March 1, PayPal will cut that yield by one-quarter of a percentage point to help pay expenses for managing the money, PayPal said in the letter that it started sending to customers via e-mail on Monday

full article: http://news.com.com/eBays+PayPal+to+coll...g=nefd.top

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