PayPal is the boundary and currency agnostic platform, regularly used by 128 million people around the globe. Paypal almost single-handedly created the online payment category and can truly say Paypal have helped change the way the world uses money.
The mobile-payments company on 27th June 2013 morning introduced plans to create a system that will allow space tourists buy things from outer space. A innovative and futuristic approach which looks promising thanks to Virgin Galactic, Space X and a host of other space tourism programs including the Space Hotel that hopes to be in orbit by 2016.
PayPal Galactic initiative was launched live from the SETI Institute, supported by key organizations in the scientific community. This visionary program, spearheaded by PayPal and working with the SETI Institute, aims to bring together leaders in the space industry to work on the big questions around the commercialization of space. These include:
The mobile-payments company on 27th June 2013 morning introduced plans to create a system that will allow space tourists buy things from outer space. A innovative and futuristic approach which looks promising thanks to Virgin Galactic, Space X and a host of other space tourism programs including the Space Hotel that hopes to be in orbit by 2016.
PayPal Galactic initiative was launched live from the SETI Institute, supported by key organizations in the scientific community. This visionary program, spearheaded by PayPal and working with the SETI Institute, aims to bring together leaders in the space industry to work on the big questions around the commercialization of space. These include:
- What will our standard currency look like in a truly cash-free interplanetary society?
- How will the banking systems have to adapt?
- How will risk and fraud management systems need to evolve?
- What regulations will we have to conform with?
- How will our customer support need to develop?
The event was live streamed at www.paypal-galactic.com and will be available on demand at the same location. A video explaining the initiative is available in HD and standard definition for downloading and sharing immediately at www.paypal-galactic.com
Creating a secure and functional space commerce system won’t be easy but with all the experience Paypal has in commerce space we can with confidence say that Paypal will be front runner in this race whenever it begins.
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