Online auction company eBay will let sellers take credit card payments over the internet.
The firm is linking up with US bank Wells Fargo to provide the service through Billpoint, an online payment service it acquired last year for $86m (£54m). Wells Fargo will get a 35 per cent stake in Billpoint.
EBay hopes Billpoint will speed up transactions at its auctions. Currently, buyers have to send cheques or money orders through the postal system, which can take several weeks.
EBay will charge customers a 35 cent transaction fee for using the credit card service and a 3.5 per cent commission on the sale. The company has some 10 million registered users.
Found by calculating the strength of the material deep inside the crust of neutron stars
Can highlight in real-time the relevant regions of an image being described
Double legal trouble for Musk as he also faces civil lawsuit over renewed British pot-holer 'paedo' claims
Battery development could help boost performance of smartphones