10
October
2005
|
02:43 AM
America/Los_Angeles
Scoop: VeriSign has sold PayFlow to Ebay
VeriSign will announce later today after the close of markets that it has sold its online payments PayFlow group to Ebay.
The terms of the deal are not known. VeriSign says that it enables over $100m per day in online transactions.
PayFlow will become part of the PayPal group at Ebay. PayPal cost Ebay $1.5bn.
