Exec says more new merchants to start accepting PayPal

03/1/2010 | Wall Street Journal, The

Scott Thompson, president of PayPal, declined to say how many new merchants are preparing to offer payment through eBay's online payment system, but said the company is "very pleased" with the global merchant pipeline. Thompson also said PayPal would be available on more mobile devices. "We are working very closely with a number of merchants who want [PayPal] embedded in the mobile apps they are building," he said.

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