PayPal officially joins the race, page-484

PayPal will cut margins to get market share and they are a very big money making concern and APT is not making money yet, so they can take the market share they want, there are already many merchants with PayPal so they already have a net work of merchants as well as the people that have PayPal accounts for online purchases,this is no different to what normally happens in new businesses there is a rush of companies getting in then the margins get squeezed by the companies with deep pockets and the weaker player either fall by the way side or get bought out.