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=__**Ignite Presentation**__=

996196717
====The article, PayPal's cashless utopia: Built on eBay's back draws relevance to the course as it coincides with the transaction processing systems of e-business technologies. The article highlights PayPal’s Cashless Utopia event, which aims to introduce a more convenient cashless world to the media. PayPal, a subsidiary of eBay, has came a long way and currently offers its services to third-party merchants on the web. Well eBay’s growth is stalling as it reaches its maturing stage, PayPal still show significant signs growth. eBay still controls a large portion of PayPal’s revenue at 40% but this could soon change as PayPal becomes adopted by more businesses. PayPal has made large strides to providing merchant services to Facebook and other online businesses; consultants predict that PayPal will venture into brick-and-mortar stores in the near future as PayPal heads towards the direction of a universal form of payment. PayPal charges an intermediary charge of 5 cents plus 5 percent of the transaction cost which has decreased considerably from its original system where it charges 33 cents for every dollar of the transaction cost. With PayPal, the line that divides online and offline payments are slowly blurred as purchases face the following question: “Are these online payments or ‘real world’ payments?” ====

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