Digital Cash Payoff. / Evan I. Schwartz.
by Schwartz, Evan I; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 40Business. Publisher: Technology Review, 2001ISSN: 1522-3191;.Subject(s): Credit cards | Data encryption (Computer science) | Electronic funds transfers | Electronic money | Internet -- Financial services use | Internet -- Security measures | Internet fraud | PaymentDDC classification: 050 Summary: "Just as Napster allowed people to directly share music online, PayPal enables people to exchange money instantly without having to open expensive merchant accounts to accept credit cards....But PayPal's potential for widespread growth has been a cause for alarm in the $2.7 trillion credit card industry, which seems fearful that the company could displace Visa and MasterCard, first on the Internet and then offline." (TECHNOLOGY REVIEW) This article profiles PayPal, a company experiencing success using digital payments that has the plastic credit industry taking notice.
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Books
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High School - old - to delete | REF SIRS (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2002.
Originally Published: Digital Cash Payoff, Dec. 2001; pp. 62-68.
"Just as Napster allowed people to directly share music online, PayPal enables people to exchange money instantly without having to open expensive merchant accounts to accept credit cards....But PayPal's potential for widespread growth has been a cause for alarm in the $2.7 trillion credit card industry, which seems fearful that the company could displace Visa and MasterCard, first on the Internet and then offline." (TECHNOLOGY REVIEW) This article profiles PayPal, a company experiencing success using digital payments that has the plastic credit industry taking notice.
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