EBay hit as "gloves come off" over PayPal digital wallet fee

By Alistair Barr SAN FRANCISCO (Reuters) - EBay Inc shares hit a new low for 2013 on Monday as concern mounted about the impact of a new "digital wallet" fee on the company's PayPal business. MasterCard Inc, one of the largest payment networks, said earlier this year that it plans a new fee for digital wallet operators like PayPal starting in June. The actual dollar amount PayPal ends up paying may not be that large, analysts say. However, they are worried that this is part of a broader move by payment networks to target PayPal, which has become more of a direct competitor recently. ...

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