Payment Observer

The Latest News, Industry Insights and Research Findings on Global Payment Markets

29Mar/12

PayPal Goes Mobile: Zong Founder and VP Mobile David Marcus is PayPal’s New President

By Martin Schuppelius

Payment Observer industry spotlight includes small business solutions providers. Learn more on their website.

left the company in January) as President of PayPal.

As VP of Mobile for PayPal, Marcus has been working on PayPal Here, a mobile payment service for small business. The move shows how important mobile payments have become for PayPal and points the direction the company is heading. John Donahoe commented: “He will bring start-up energy to PayPal’s unmatched global reach and digital payments capabilities. And he will sharpen PayPal’s focus on accelerating product innovation, driving consumer engagement and making paying anytime, anywhere through your digital wallet a safe, easy and convenient experience.”

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