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eBay Embraces Mobility

Stock quotes in this article: EBAY , YHOO , GOOG  

eBay's(EBAY Quote) PayPal is planning to launch a mobile payment service within the year, the auction giant announced on Friday afternoon.

The service would allow users to quickly make payments to vendors using their mobile phones or devices.

The new service will up eBay's ante in the rapidly growing mobile market. PayPal is the leading payment service online, and the ability to link online accounts with mobile accounts presents eBay with a big opportunity. ...

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