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3rd January 2012

eBay acquires German BillSAFE

eBay Inc acquired full ownership of BillSAFE, a German company described as a leading "purchase-on-invoice technology" provider. Thus leading to the comment from eBay, "Together with BillSAFE, we can offer even more choices to our customers – whether they prefer to pay with their bank accounts, their credit cards or now through purchase on invoice". eBay has held a minority stake in BillSAFE since October 2010. No financials of the deal were disclosed.


eBay comment that pay upon invoice is the most common form of payment in Germany, Austria, Switzerland and the Netherlands.


"German customers are extremely security-conscious, and they enjoy the convenience and safety of invoicing when they shop online. One of PayPal's greatest assets is the security of our system, and we're glad that we can now offer customers even more peace of mind with a payment method that they already know and prefer and that drives more sales for the merchants," says Arnulf Keese, managing director of PayPal Germany. "Together with BillSAFE, we can offer even more choices to our customers – whether they prefer to pay with their bank accounts, their credit cards or now through purchase on invoice," Keese adds.