EBay's PayPal going offline, targets big retailers

By REUTERS
July 21, 2011 02:57

SAN FRANCISCO - EBay Inc's PayPal business has become one of the largest online payment systems, but its now heading offline, Chief Executive John Donahoe said in the wake of the e-commerce company's quarterly results on Wednesday.

"We intend to help retailers grow their businesses offline in the same way we helped merchants grow online," Donahoe said during a conference call with analysts.

PayPal will be testing "point-of-sale innovation" with a major US retailer by the end of this year, he added.


Related Content

Breaking news
February 21, 2018
New York man pleads guilty to attempting to support to Islamic State

By REUTERS

Israel Weather
  • 11 - 21
    Beer Sheva
    12 - 20
    Tel Aviv - Yafo
  • 9 - 17
    Jerusalem
    12 - 17
    Haifa
  • 14 - 25
    Elat
    11 - 22
    Tiberias