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    Monday, October 19, 2009

    Ebay Unveils 'Bill Me Later'

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    By Darryl R. Isherwood
    FOXBusiness
       

      Ebay Inc.(EBAY) said Monday its deferred payment system is online for both eBay and PayPal giving the online auctioneer another hook for the holiday shopping season.

      The Bill Me Later feature offers one-time deferred payment options to consumers. It is carried by major retailers Toys R Us and Wal-Mart (WMT).

      Last fall, eBay said Bill Me Later would generate some $150 million of revenue this year.

      The company reports third-quarter results on Wednesday.

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