TITLE

Study Finds Boost From PayPal Use

AUTHOR(S)
Wolfe, Daniel
PUB. DATE
January 2010
SOURCE
American Banker;1/8/2010, Vol. 175 Issue F301, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the use of the electronic payment system PayPal and consumer spending in the U.S. Forrester Research Inc. conducted a study which found that merchants who added PayPal Inc.'s payment method have recruited new customers who are spending more. PayPal is a unit of eBay Inc. and, in addition to its online payment system, it offers the Bill Me Later online credit system.
ACCESSION #
47372910

 

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