Stripe and Advent have made a joint offer to acquire PayPal – sources(reuters.com)
465 points by rvz 1 day ago | 273 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