Everyone knows the big payments company is the dominant player in online transactions. But it is moving in several new directions as the quote above indicates, including mobile. Should you worry? Or partner? Two years past its tenth birthday, PayPal exudes mainstreamed qualities that many of its present and emerging competitors in the quirky world of alternative payments would covet. This includes established brand recognition and the ownership of a payment platform that is becoming a standard. In keeping with this status, President Scott Thompson has said that a day doesn’t pass when he reads of some new entrant stating its designs to be the next PayPal. Not that the San Jose, Calif.-based payments company is without detractors, as sites such as PayPalS*cks.org attest. “The critics come with the territory,” says Ron Shevlin, senior analyst at Aite Group, Boston. But he adds that “the company has improved risk management in recent years and elsewhere worked on e...
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