PayPal Can Push eBay To $34 And Beyond

eBay recently reported its fourth-quarter 2010 earnings, in which it indicated margin improvement driven by the Bill Me Later service of Paypal. A few reasons cited for the margins increase include a decline in charge-off rate, lower credit losses and higher payment volume. eBay?s PayPal service competes with Google Checkout and credit card companies like American Express, Visa and MasterCard.

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