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HardwareHeaven Newsroom The Worldwide team of HardwareHeaven staff reporters bringing you the best in original technology based news content.

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Old Nov 5, 2009, 10:59 AM   #1
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Paypal growth to soon surpass parent company EBAY

I think almost everyone uses Paypal today, and with the rates they charge for sending money no wonder they are doing so well.

I read an interesting article on yahoo tech this morning which shows that Paypal will soon surpass their parent company EBAY.

"But soon, eBay's biggest business will likely be PayPal, the online payments service that has been growing steadily even as the economy has stumbled. EBay has spent much of the past two years trying to improve its faltering marketplace business, hoping to increase buyers' trust and clean up the look of its Web site. In the meantime, PayPal has thrived as more consumers and merchants use it to send money online."

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