eBay hires former Apple employees for its mobile payments service

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It looks like the mobile payments war is starting to heat up and eBay is bolstering its strength by hiring some of Apple’s former employees in this field. This move comes as eBay prepares for the upcoming separation of itself and PayPal which it will obviously need to replace with something. 

It appears that eBay is stocking up on talent in preparation of an inevitable separation from PayPal, the latest hire being Bora Chung, a payments expert who served as Apple’s worldwide payments for the Online Apple Store since 2010. According to SFGate, Chung was hired on to eBay’s new Marketplace division by another former Apple executive, e-commerce boss R.J. Pittman. The move is thought to be related to an impending payments service set to launch once PayPal is spun off from the Internet auction giant later this year.

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