Stripe and Advent have made a joint offer to acquire PayPal – sources(reuters.com)
484 points by rvz 102 days ago | 299 comments
tl;dr: Summary not available
HN Discussion:
  • •Merger would create antitrust concerns due to massive market concentration in online payments
  • ↓Consolidation reduces options for merchants and increases risk of account flagging with no alternatives
  • ↓Stripe's stricter content policies will hurt vendors currently served by PayPal
  • ↑Legacy payment processors are declining anyway due to direct bank-to-retailer payment systems
  • •Large mergers historically create years of organizational limbo, questioning Stripe's strategy shift