PayPal looks outside
PayPal announced the move at its PayPal X Innovate 2009 conference in San Francisco where software engineers addressed the audience with sessions and seminars devoted to the mechanics of building secure financial transactions on the internet.
PayPal president Scott Thompson told AFP: "The big claim to fame is we made things very easy if you want to pay for things online. The Internet is doing things to people's lives today that nobody imagined, replacing longstanding industries. At the end of the day, you want to take advantage of that."
This move is thought to open the way for PayPal to provide its service in televisions, touch-screen advertising, computers, mobile devices, and perhaps smart appliances.
PayPal X Innovate 2009 was held at the Concourse Expo Center in San Francisco, 3 – 4 November.
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Date Published: November 04, 2009
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