Wednesday, February 9, 2011
PayPal Will Drive eBay's Business
EBay appears to believe its PayPal online-payment unit will be the firm’s biggest revenue generator in the relatively near future. For that reason, PayPal will move into the mobile payments business in a bigger way. It appears a mobile version of BillMeLater, now primarily used for online payments, will be a foundation of the effort.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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