Tuesday 28 February 2012

PayPal Poked at Goldman Sachs

by Karen Webster

The Goldman Sachs technology conference last week in San Fran sure did stir the pot around PayPal and its Point of Sale ambitions. The centerpiece of this criticism is PayPal’s earlier in the year public announcement of its physical point of sale trials with Home Depot, the specifics of which questioned its inability to scale, business model, and security risk.

Seems like a sure sign to me that PayPal is making the traditional players a little nervous.



Continued
Source:  Pymnts.com