eBay Acquires Invoicing Company in Germany

EBay has acquired BillSAFE, which serves 15 million accounts in Germany, after buying a minority stake in the company last year. Terms were not disclosed. With BillSAFE, PayPal customers will now be able to receive an invoice for an order, after items have been shipped and received. Because of its security benefits, purchasing by invoice is used heavily in Germany, Austria, Switzerland and the Netherlands, eBay says.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work