Mickey Alam Khan reports on PayPal CEO Jeff Jordan's presentation to Etail 2005.
Nearly 10 percent of all U.S. e-commerce is funneled through PayPal, according to Jordan. One out of seven transactions crosses national boundaries. Consumers in more than 40 countries send PayPal, and those in more than 20 countries receive this currency."Our goal," he said, "is to be the global standard for online payments."
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This quote below captured from this piece or here by Payments News is interesting. I have heard certain un-named senior exectives in the financial services industry indicate Paypal are of no concern, becuase they are P2P only, or because they... [Read More]
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