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Will Apple kill PayPal Pay?

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Pay Apple turns iPhone into credit card   Apple wants to get rid of our pocket cards and credit cards. Wall Street is nervous that consumers can tip online payment service PayPal also .   Shares of PayPal owner eBay ( EBAY, Tech30 ) fell 3 % on Wednesday. This down 3 % Tuesday after Apple (AAPL , Tech30 ) released its mobile Apple Pay follows . Is justified 6% sell on eBay? Does Apple really only make obsolete PayPal? Yes and no. " There is the potential for Apple to disrupt the competitive position of PayPal These are legitimate concerns . - For phones in particular ," said Victor Anthony , an analyst at Topeka Capital Markets.      However, Anthony thinks PayPal will continue to report strong results from eBay for the coming quarters . He says the risk of Apple is one of the longer term. PayPal is eBay making sexy :    But it's understandable why investors would be nervous eBay . P

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