PayPal president sees cash-free future

05/25/2010 | Canada.com

In the future, virtually all payments will be online, and consumers will pull out mobile phones instead of wallets when it's time to pay, says PayPal President Scott Thompson. The company claims 84 million active users and last year moved to expand its reach with PayPal X, which lets third-party developers create businesses using its payment platform. "What we've learned is that when you make your thing the easiest possible thing to use, the easiest possible thing to integrate, the easiest possible thing to embed, and extend it and give it to people who are entrepreneurial in nature, they will do fascinating things with it," Thompson said.

View Full Article in:

Canada.com

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Director of Fuel Programs
The Exchange
AAFES HQ, Dallas, Texas
Merchandise Analyst
ANN INC.
New York, New York
DIRECTOR OF ASSET PROTECTION, GLOBAL ECOMMERCE
Ralph Lauren
Greensboro, North Carolina
ASSISTANT BUYER, MEN'S
Ralph Lauren
Lyndhurst, New Jersey
Director Financial Planning & Analysis - Marketing
HSN
Saint Petersburg, Florida