Tuesday, September 30, 2014

Dan Frommer — PayPal is finally free—let the real mobile-payments battle begin

It’s finally happening: eBay is officially spinning PayPal off as a separate company. And it comes at a crucial time, just as the budding mobile-payments industry—which many see as the future of payments and commerce—is getting interesting.
While PayPal has very done well for itself—payment volume grew 29% from a year earlier in the June quarter to $55 billion—things are about to get more competitive.

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