Home From the Wires Paypal launches galactic payments

Paypal launches galactic payments

| Print |  Email
Friday, June 28, 2013

Washington Post: Despite the lack of human settlement of other planets or even commercial space travel, Paypal wants to get a jump on potentially lucrative payments beyond Earth.

But it’s never too early to start planning, right?

Elon Musk sure thinks so. And PayPal apparently does, too. Or at least the eBay-owned company is pretending it does, if you think the following is a big marketing gimmick.

PayPal was set to announce on Thursday that it is spearheading an initiative, dubbed PayPal Galactic, to lead a discussion around what needs to happen to commercialize other planets. How will banks need to adapt? What payment systems can work in space and between space and Earth? And when on Mars, do you tip like a New Yorker or like a European? (Okay, that last question is mine.)

Read more.

 

More Articles

Are millennials reshaping politics in the Pacific Northwest?

News
Wednesday, April 02, 2014

MillennialsThumbA new report explores the impact of millennials on Oregon's business and political climate.


Read more...

How to boost web traffic

News
Thursday, April 10, 2014
BY JESSICA RIDGWAY  | OB WEB EDITOR

04.10.14 thumb seo-trafficSEMpdx hosted a workshop this week for entrepreneurs, website developers and others interested in search engine optimization (SEO).  Here are a few tips and tricks aimed at bumping up your search engine rankings.


Read more...

Reader Input Survey

News
Thursday, April 24, 2014

Click here to fill out our survey on energy and environment issues. Results will be published in our June 2014 issue.


Read more...

Small business sales go big

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.

BTNMarch14 tableBTNMarch14 line


BTNMarch14 piePDXBTNMarch14 pieUSA


Read more...

What I'm reading: Brad Smith & Travis Boersma

March 2014
Tuesday, February 25, 2014

Brad Smith, founder of Hot Pepper Studios, and Travis Boersma, president of Dutch Bros. Coffee, share their recent reads.


Read more...

The 2014 100 Best Companies to Work for in Oregon

News
Friday, February 28, 2014

100best14logo ThumbnailThe 21st annual 100 Best Companies to Work For in Oregon list was announced Thursday night at an awards dinner at the Oregon Convention Center.


Read more...

Powerlist: Meeting perspectives

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

A conversation about the event-planning industry with sales directors from McMenamins and the Portland Art Museum. 


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS