Lesson plan
PayDirect
Yahoo! PayDirect was the name of a person-to-person money transfer service by Yahoo! via HSBC, competing with Billpoint and PayPal. Yahoo launched PayDirect in March 2000 after purchasing Arthas.com, a provider of electronic billing services. Arthas' dotBank.com service allowed customers to make online bill payments and to exchange money with other customers. When Yahoo took over the site, the accounts were managed by the international bank HSBC. In 2000, Yahoo extended the Yahoo PayDirect service to mobile phones, as part of its Yahoo Everywhere initiative. Yahoo PayDirect was initially launched with CIBC National Bank as the financial partner (based in Maitland, Florida, and a subsidiary of CIBC - one of the major Canadian banks). The service was subsequently migrated to HSBC. The Yahoo PayDirect service was discontinued effective November 22, 2004, leaving only a web page (biz.yahoo.com/paydirect) showing "The PayDirect service and website is closed and now unavailable."
Article summary
Yahoo! PayDirect was the name of a person-to-person money transfer service by Yahoo! via HSBC, competing with Billpoint and PayPal. Yahoo launched PayDirect in March 2000 after purchasing Arthas.com, a provider of electronic billing services. Arthas' dotBank.com service allowed customers to make online bill payments and to exchange money with other customers. When Yahoo took over the site, the accounts were managed by the international bank HSBC. In 2000, Yahoo extended the Yahoo PayDirect service to mobile phones, as part of its Yahoo Everywhere initiative. Yahoo PayDirect was initially launched with CIBC National Bank as the financial partner (based in Maitland, Florida, and a subsidiary of CIBC - one of the major Canadian banks). The service was subsequently migrated to HSBC. The Yahoo PayDirect service was discontinued effective November 22, 2004, leaving only a web page (biz.yahoo.com/paydirect) showing "The PayDirect service and website is closed and now unavailable."
Key claims
No claims recorded.
Discussion questions
- Summarise the article in your own words. Which single claim would you verify first, and why?
- Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
- If two sources disagreed about one of these facts, what would you need in order to trust one over the other?
Bibliography
No sources recorded.
Key claims and bibliography are generated from the same tracked claims and sources as the article page.