Study Finds Boost From PayPal Use

Wolfe, Daniel
January 2010
American Banker;1/8/2010, Vol. 175 Issue F301, p10
Trade Publication
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.


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