Can PayPal Be A Mobile Wallet? (EBAY)
A tweet by Blueshift Ideas shows that PayPal, the explosive payment service by eBay (NASDAQ: EBAY) "can be successful with its own mobile wallet and as a payment option in other mobile wallet offerings."
Blueshift has a source in mobile payment development, and the source said, "Our clients trust PayPal. Best known. Can use in US, UK, world. Will b strength of new mobile wallet, too."
Shares of EBAY are off 44 cents to $30.75, a loss of 1.4%.
Blueshift Ideas is a San Francisco-based research boutique that caters exclusively to institutional and hedge fund managers.
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