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