Paypal’s X.com Puts Money in the Cloud

At our recent Collide Conference, Michael Zhao, Director of Paypal China talked about helping people make transactions over the cloud. I asked him specifically about their new aptly named product, X.com which allows developers to define how payments are made.

Of course when we normally think about transactions, it is usually the receiver who asks for money. But Paypal’s X.com initiative aims to make it more open and fledible by allowing developers and merchants to use the library of APIs and SDKs.

Here are some interesting use cases:

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