May 22, 2010

PayPal Wants to Be in Your TV, Your DVD Player and Your Car

paypallogo.jpeg PayPal doesnít just want to be in your mobile phone, or behind the transfer of virtual goods in social networks such as Facebook, where itís one of the options for the new Facebook Credit payment system, according to President Scott Thompson, in an interview with Mathew Ingram for GigaOM.

quotemarksright.jpg He told me during an interview in Toronto recently that he sees the company becoming the default payment engine for your television, your car, your DVD player and even your fridge. Thompson also said that the online payment business is exploding with new competitors in a way he has never seen before, but that PayPal is confident it can retain its edge as more and more transactions move online.quotesmarksleft.jpg

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