PayPal President Sees Continued Growth Despite New Competition

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PayPal President Sees Continued Growth Despite New Competition

03-05-2007, 11:09 AM,

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mandy Offline

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PayPal President Sees Continued Growth Despite New Competition

Quote: Q What's your primary focus for the next 12 months?

A We have an enormous user base. We have fast-growing volume. Yet in the scheme of things we are a very tiny player. All of the volume in PayPal is about 10 percent of total e-commerce, which means that about 90 percent of e-commerce is being conducted in ways other than PayPal. So for us, my focus is looking ahead and saying how do we continue to gain share

Quote:Q You and Meg Whitman, eBay's CEO, talk a great deal about the power of eBay's three main brands, Skype, eBay and PayPal. What kinds of synergies are you seeing between Skype and PayPal?

A Already, PayPal is the primary way that you pay on Skype. The plan is to take that further and to create a PayPal wallet on Skype and to enable ``send money'' functionality on Skype. We'll try this out this year and see how useful people find it.

full article: http://www.mercurynews.com/mld/mercuryne...836769.htm

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