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PayPal skyrockets

SpaceX - established in 2002 by PayPal founder Elon Musk - launched their budget rocket into space this morning with a modicum of success. Now that's what I call beta testing.

Talking of PayPal, Finextra reports they have registered almost 35 million user accounts in Europe. And Skype will soon offer be offering their users the ability to transfer money using PayPal. Both of course are owned by eBay so you might expect this.

PayPal seems to be everywhere at the moment, I noticed on the Tube last night a  poster suggesting that PayPal is a means to pay online without having to give away too much personal information and some big name brands appear on the ads. This was interesting because I had associated PayPal with small businesses - and they don't get any smaller than mine -  I take PayPal when I sell CDs (roughly three a year). It was remarkably easy to set up and use.

The only fly in the ointment is perhaps the stories of eBay having hacking problems -  from The Register.

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