PayPal: What We Do with Private...
summary
PayPal states concrete scale: 225 million accounts, roughly $140 billion processed over 10 years (about 60% of e‑commerce seen), and over a billion credit cards on file plus hundreds of millions of bank accounts, with every transaction stored. Risk systems run 200 risk checks per transaction to prove identity; three payment methods (card, bank, balance) fuel a mobile wallet vision — bump transfer via iPad to share medical or DMV data and partner with GSA, NIH, county clerks for payments and higher‑assurance identity.
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chapters (9)
- 0:00PayPal’s scale and mission
- 1:50Trust in early payments
- 3:54PayPal as trusted intermediary
- 6:23Higher Assurance identity
- 8:29Governments and identity solutions
- 10:53Consumer-driven government services
- 12:16Agency collaboration on problems
- 13:19Mobile wallets and identity future
- 16:27Q&A
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