EBay CEO envisions PayPal in more offline settings

May 12, 2010

(AP) -- The waiter asks: "Will you be paying by cash, credit or PayPal?" The man in charge of PayPal's parent company says you shouldn't be surprised to hear that question within a year.

John Donahoe, the CEO of Inc., tells The Associated Press that although is known for payments online, the service is eyeing more opportunities offline.

Last fall, PayPal opened its system so outside software developers could create Web services or mobile applications that use PayPal as a payment engine. As an example of the third-party apps in the works, Donahoe described services that would let restaurants or retailers collect payments over PayPal on a customer's .

Donahoe knows other companies are racing to provide similar services. He says PayPal's huge user base gives it an advantage.

Explore further: WikiLeaks accuses Google of handing over emails to US

2 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

A growing PayPal could soon overshadow parent eBay

Nov 04, 2009

(AP) -- Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will likely be PayPal, the online payments ...

EBay's PayPal envisions doubling in size by 2011

Mar 11, 2009

(AP) -- EBay Inc.'s name may conjure images of online auctions, but the company is hoping to turn attention to its second-largest business - PayPal - which it expects to blossom significantly in the next few years.

Recommended for you

WikiLeaks accuses Google of handing over emails to US

Jan 26, 2015

Whistleblowing site WikiLeaks on Monday accused Google of handing over the emails and electronic data of its senior staff to the US authorities without providing notification until almost three years later.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.