Wednesday 5 January 2011

PayPal Is Still A "Drop In the Bucket"

PayPal Is Still A "Drop In the Bucket"

Despite PayPal's impressive ascent from upstart to established brand, it's still a "drop in the bucket" compared to the established payment companies, says JP Morgan's Imran Khan.

This is great news for PayPal. It means there's a lot of room for growth.

As ecommerce and mobile payments explode, PayPal can take advantage because, "unlike traditional payment methods that developed in an offline world and have been overlaid onto eCommerce, PayPal’s platform was built with eCommerce in mind."

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