My spin Well sort of. But read the full article as to what other areas (like paying without a credit card) have some promise…but no threat to PayPal.
News Clip: When PayPal (Nasdaq: PYPL) filed for its successful IPO last year, it listed a slew of competitors in the online payment arena. But those rivals, including Citibank, Wells Fargo (NYSE: WFC) , Yahoo, Microsoft (Nasdaq: MSFT) and the U.S. Postal Service, barely sport as much market share combined as PayPal commands on its own. (full story)
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