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

Political theater

News
Wednesday, January 07, 2015
0107-orbizplansum14-thumbBY LINDA BAKER | OB EDITOR

The Oregon Business Plan Leadership Summit drew more than 1,000 people to the Oregon Convention Center yesterday.


Read more...

LEED for weed

News
Wednesday, January 28, 2015
012815-potcarbon-thumbBY LINDA BAKER | OB EDITOR

What is the impact of the legal pot industry on carbon emissions? An NEBC energy forum breakfast makes the case for taking the new industry’s emissions impacts very seriously.


Read more...

A legislative preview — and celebration

News
Friday, January 23, 2015
012315-speaker-thumbBY LINDA BAKER | OB EDITOR

The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.


Read more...

Imperial Palate

February 2015
Tuesday, January 27, 2015

Power Lunch at the Imperial.


Read more...

Free Falling

Contributed Blogs
Thursday, December 18, 2014
121714-oilprice-thumbBY JASON NORRIS | OB CONTRIBUTOR

The implosion of the energy complex: The best thing for low oil prices is low oil prices.


Read more...

The Human Factor

February 2015
Monday, January 26, 2015
BY BRIAN LIBBY

Matt French opens up South Waterfront.


Read more...

Corner Office: Steve Tatone

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits about the president and CEO of AKT Group.


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