PayPal has today confirmed that they will no longer trading as one company with eBay, the two companies will soon be operating as unrelated organisations, effective July 1st. 

PayPal announced the split to its users today via email. A full extract of the email is below

“Soon, PayPal and eBay will no longer be part of the same group of companies and will operate as unrelated organisations. So we’re updating PayPal’s User Agreement, Acceptable Use Policy, and Privacy Policy to continue providing the same great services you’re used to. We’re also making other changes to our business practices and policies that aren’t related to the separation. We’ve put details of the changes on our Policy Update page. You can also find this at www.paypal.co.uk by clicking ‘Legal’ at the bottom of the page and then selecting ‘Policy Updates.’