PayPal branches out from eBay’s money tree
PayPal President Scott Thompson said here at the RBC Capital Markets conference Wednesday that by year’s end, his company will derive more total payment volumes from its Merchant Services than from eBay buyers and sellers. Merchant Services is the name for the payment software PayPal provides to third-party sites like Starbucks, Delta Airlines, and American Outfitters.
This article from CNET News 6 August 2008
Read more of this article at CNET News site.
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