c2it to be free; PayPal raising fees. Will this spell the end of PayPal? Free c2it from Citibank can be used the same way the "old" PayPal could (for friends and roommates to settle up bills) as well cutting deeply into PayPal's core on-line auction settlement business (well over half its revenue), already under attack by eBay's Billpoint.
posted by MattD on Nov 16, 2001 - 8 comments

Other not-so-free-anymore things Apropos of the NetZero not-so-zero-anymore change, PayPal has essentially made its system unusable for the purpose that first sucked us in -- a fast, convenient way for friends to share rent, settle up bills for dinners and weekend getaways (more inside).
posted by MattD on Dec 26, 2000 - 16 comments