Craigslist Dismisses Integrating PayPal

Given EBAY's 25% stake in Craigslist, it would seem likely that PayPal would eventually feature as an integrated payment option on the classifieds site. However, at the UBS Media & Communications conference hosted yesterday, CEO Jim Buckmaster dismissed such plans. He said integrating PayPal didn't make sense "because most Craigslist transactions are local and face-to-face, unlike on eBay."