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 way that you think about stress can actually transform the effect that it has on you – and others.
- Stress is contagious, and the higher up in an organization you are the more your stress will be noticed and felt by others.
- Kelly McGonigal teaches "Reset your mindset to reduce stress" for Big Think Edge.
- Subscribe to Big Think Edge before we launch on March 30 to get 20% off monthly and annual memberships.
The issues that determine your health go way beyond seeing your doctor.
- The average American spends about 24 hours a year at the doctor's office.
- What you do the other 364 days a year mostly determines your health.
- Michael Dowling discusses Northwell's focus on environmental, social, economic and other social determinants of health.
The blood of horseshoe crabs is harvested on a massive scale in order to retrieve a cell critical to medical research. However, recent innovations might make this practice obsolete.
- Horseshoe crabs' blue blood is so valuable that a quart of it can be sold for $15,000.
- This is because it contains a molecule that is crucial to the medical research community.
- Today, however, new innovations have resulted in a synthetic substitute that may end the practice of farming horseshoe crabs for their blood.
These quick bursts of inspiration will brighten your day in 10 minutes or less.
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