EBS were advised by growth partnership firm IndigoEdge. Ogone, meanwhile, were Credit card processing gateway advised on the deal by Brian, Garnier & Co, an independent pan-European investment bank focused on growth companies. About Ogone (www.ogone.com): Ogone Payment Solutions is one of the main European service companies specialised inside the processing of online payments, with more than 30.000 customers in 45 countries.

The organization provides a range of electronic payment solutions covering a number of areas, including e-commerce, ticketing, call centres or the hotel industry. This includes both business-to-consumer answers and business-to-business services (purchasing cards). With its transactional functionalities and extensive back-office capabilities, the Ogone Payment Companies offering is certainly one of the most comprehensive available today.

In December 2010, PayPal permanently restricted an account used to raise funds for WikiLeaks citing it was in violation of the PayPal Acceptable Use Policy. At a conference in Paris, a PayPal VP, in response to an attendee's question, stated the account was restricted after PayPal was allegedly pressured by the U.S. State Department.[94] Afterwards, PayPal reiterated the decision was based on violation of PayPal's Acceptable Use Policy. This was followed by cyber attack on the paypal.com website and a boycott of PayPal, in which some users closed their PayPal account in protest.

Mr Peter De Caluwe, CEO of Ogone Payment Companies, said: Only 8.4% from the Indian industry is currently online but this translates to 100 million users, which makes it the fourth biggest online country in the world and this is set to grow rapidly with online travel accounting for 80% from the commerce in India. Acquiring a primary firm such as EBS represents a huge potential for us and our European merchants.

In May 2002, Tumbleweed Communications filed a lawsuit against PayPal (and later expanded Merchant processing it to include eBay) claiming that PayPal had violated its patents for sending personalized links through e-mail, which PayPal uses to alert its customers about financial transactions. In January 2004, the two parties came to an agreement, but didn't disclose the financial terms of their licensing agreement.[101]Credit/Debit cards must be used to pay through Paypal.[citation needed]The per transaction limit just been changed to USD 3000, since 14 October 2011.

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