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:: HOME :: MERCHANT SERVICES HEADLINES :: ARCHIVE :: DEC 2007 ::



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BidPay Abruptly Closes Online-Payment Service
Thursday, December 20, 2007

December is an unlucky month for one online payment service. BidPay.com sent an email to users on Wednesday informing them it was discontinuing operations effective December 31, 2007, but gave no reason. It was 2 years ago this month that First Data Corporation abruptly closed BidPay before selling it to CyberSource Corporation.

A disappointed eBay seller wrote to AuctionBytes, "It's sad to see Bidpay leaving us out in the cold once again. We have used Bidpay on a daily basis for our international buyers and I am currently wondering what we will replace Bidpay with, and on top of that make sure that they new payment service should be a payment service that is not against eBay's policy."

Read Entire Article on Auction Bytes


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