EBay to Ditch PayPal for Adyen

The video discusses the split between PayPal and eBay, which occurred in 2015, and the recent announcement that eBay will replace PayPal with Adyen as its payment processor. This change aims to offer lower prices to sellers and more flexibility to shoppers. Despite the market's negative reaction, PayPal maintains that its financial guidance remains unaffected.

What benefits does eBay hope to achieve by switching to Adyen as its payment processor?

What was the market reaction to PayPal's announcement regarding the change in their relationship with eBay?