Will PayPal Control the World's Currency System?
PayPal is coming to a store near you. In fact, PayPal may be building a store near you. The online payment company wants to bring its ideas to physical stores, changing how we use money.
What's the Latest Development?
The online payment company PayPal wants to bring its technology to a store near you, changing how you pay for products and how you use money in general. Home Depot is the first big company to accept PayPal, which requires a cell phone number and PIN once you've reached the checkout isle. PayPal's phone app is also being redesigned, allowing you to change how you pay for an item after the fact, distributing payment over different credit or debit cards according to your wishes. The company has also designed a credit card swiping accessory for smartphones.
What's the Big Idea?
Digital commerce, once an alternative to shopping in physical stores, is becoming an essential part of everyday transactions. While PayPal processed $119 billion dollars last year, $4 billion of which came from mobile devices, e-commerce still accounts for only 9 percent of US retail sales. "The remainder occurs in physical stores, which explains why retail payments are rapidly becoming a battlefield contested by tech companies including PayPal, Google, and even mobile-phone operators." Do you think social media have a place in this payment equation or should how people spend their money be kept private?
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The results come from a 15-year study that used ultrasound scans to track blood vessels in middle-aged adults starting in 2002.
- The study measured the stiffness of blood vessels in middle-aged patients over time.
- Stiff blood vessels can lead to the destruction of delicate blood vessels in the brain, which can contribute to cognitive decline.
- The scans could someday become a widely used tool to identify people at high risk of developing dementia and Alzheimer's.
Facing mounting pressure from the public and government agencies, the e-cigarette maker announced major changes to its business model on Tuesday.
- Juul makes flavored e-cigarettes and currently dominates the vaping industry, with 70% of the market share.
- The FDA is planning to ban the sale of flavored e-cigarettes in gas stations and convenient stores this week.
- Some have called teenage vaping an epidemic. Data from 2018 show that about 20% of high school students had used an e-cigarette in the past 30 days.
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