PayPal Going "Off eBay"
Julia Wilkinson reports for AuctionBytes.com on yesterday afternoon's keynote panel at the eBay Developers Conference that included the following comment from PayPal CEO Jeff Jordan:
Chatwani asked about PayPal's expansion strategy. Jordan said that while 2004 was the year they went international, 2005 was the year of "going off eBay," saying that non-eBay commerce was 10 times that of eBay. "PayPal wants to be the standard off eBay as well as on eBay," said Jordan.Last Friday, PayPal launched Website Payments Pro, an all-in-one online payment solution for "off eBay" merchants that combines the features of a merchant account with a payment gateway into a single provider, PayPal.
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