PayPal president sees cash-free future

05/25/2010 |

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:

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Associate Designer, Boy's Knits - Old Navy
Gap Inc./Old Navy Headquarters
Design Planner
Seattle, Washington
Inventory and Allocations Manager
Charlotte, North Carolina
Director of Legal Affairs
True Religion Brand Jeans
Vernon, California
Affiliate Marketing Manager
Pier 1 imports
Fort Worth, Texas