Article: PAYPAL SHOUTS YAHOO!, EMBRACES GE MONEY.(contracts of PayPal with Yahoo! Inc. and GE Money Bank)(Brief article)

PayPal was central to several deals this week with two firms that play major roles in the two industries it straddles - payments and the Web. PayPal's parent, eBay Inc., announced yesterday a strategic relationship in the United States with Yahoo! Inc. that includes the promotion of PayPal as a payment device to Yahoo!'s consumers. Yahoo! received 105.4 million unique visitors in the U.S. in April, according to Nielsen Net Ratings. PayPal will be Yahoo!'s "exclusive third-party provider of its online wallet," allowing consumers to use PayPal to pay for Yahoo! services, according to a press release from the two firms. Additionally, PayPal will receive "prominent ...

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