Wednesday, February 9, 2011

EBay Promises to Unveil Plan to Help PayPal Repel Google, Apple Threats

PayPal is quickly becoming the biggest source of revenue for eBay.  The unit is promising to lay out a three-year plan for expanding their payments business. Today, using PayPal on mobile devices requires consumers to download its limited-utility application. That hurdle may give an edge to Apple, Google and carriers such as Verizon.  More from BusinessWeek: http://www.businessweek.com/technology/content/feb2011/tc2011029_789856.htm

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