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The early days of PayPal: a "four-year boot camp where nothing goes your way"

June 20, 2008View for printing

The need was direct: How to facilitate the exchange of money and goods between a consumer and an online merchant.

The concept was simple: A service that would allow the shopper to purchase an item without sharing financial information, and at the same time, enable retailers, small-business owners and individuals a guaranteed quick and sure payment for a small fee.

PayPal, the San Jose company that revolutionized the way payments are made online, marks its 10th anniversary this year.

By Donna Kato Mercury News

Full Story: http://www.mercurynews.com/business/ci_9645371
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Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


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