PayPal makes deeper commitment to mobile payments

12/10/2013 | Bloomberg Businessweek

PayPal sees a promising future for mobile, although the company acknowledges will likely take years before mobile becomes the main consumer payment platform. "Mobile is going to be at the center of your money and all the transactions you make. We're doubling down on our investments in mobile," President David Marcus said, adding, "It's going to take years. But we’re in it for the long run."

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