PayPal Eyes Space Commerce

Thursday, 27 June 2013 | by Pat's Picks

PayPal is looking towards the final frontier for its next business venture, says the San Francisco Chronicle. The online payment company is partnering with the SETI Institute to investigate a future where payments could be made in space. Serious questions will be addressed, like how people will pay for their space hotel once galatic tourism really takes off. Or how companies will deal with “time delays as an electronic payment confirmation signal travels 238,000 miles from the moon back to Earth?”

SOURCE: San Francisco Chronicle