Silicon Valley News

Monday, November 29, 2010

PayPal going mobile

Mobile payments driving
 PayPal growth
When Scott Thompson, the president of PayPal, chats with executives at it parent, Ebay, he is diplomatic about the size of his business compared with Ebay's marketplace. But in fact, PayPal, the online payment service, is quickly narrowing the gap. By adding legions of new users and online retailers, PayPal is threatening to overtake Ebay's struggling marketplace as the biggest breadwinner in a few years, reports the New York Times. Read more