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Amazon Not Friendly to PayPal

Stock quotes in this article: EBAY , AMZN , GOOG  

eBay's(EBAY Quote) PayPal division thought it had dodged the bullet.

But the real shootout may just be getting started for the popular online payment service, which currently counts as eBay's biggest growth engine.

While PayPal has continued to thrive since the highly hyped and promoted Google(GOOG Quote) Checkout joined the field in 2006, the new payment service launched by Amazon.com(AMZN Quote) on Friday has what it takes to take a bite out of PayPal. ...

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