Hi: In an article in ZD's Smart Business magazine (print copy) they have a favorable article about PayPal. Perhaps they are bringing in a new model in the back door. Seems they have come on strong with bill paying, and is considered the leading contender in that space out distancing Billpoint, Western Union and Praxell. Their model is simple - use the reigning killer app - e-mail. They do 150,000 payments a day, averaging $7 million. 20,000 new customers sign up for the service each day. So, while everybody is bashing them, they seem to quietly be carving out a new niche. Still they aren't profitable, in spite of the fact they had $225 million in equity funding and generate $2 billion in bill payments. Maybe this year. George PS. Somebody noted that the URL for the conference posted earlier was wrong. S/B http://www.standardtransactions.com/sub_conference.html ______________________________________ George Matyjewicz, President/General Manager Standard Transactions (BVI) Limited http://www.standardtransactions.com http://www.standardreserve.com mailto:[EMAIL PROTECTED] Standard Transactions Agent Xchange http://128.121.218.67/stax/ --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that the new e-gold Secure Random Keypad can help you to protect your passphrase from both keystroke & mouse- click "sniffing" trojan viruses? You can find out more about computer security at: http://www.cert.org/tech_tips/home_networks.html
