After he significant Purchase on behalf of Chinese payment providers Alipay on yahoostakes and the confirmed rising of China's Union Pay as the largest card issuer in the world, the acquisition of PayPal's CEO Scott Thompson into the Yahoo company understates the up to now trend that Yahoo is going after Google's footsteps in setting up a payment's system to ramp up revenue.

The Lure/move comes on a critical time as PayPal is launching it Offline role out on home depot and its added to other executive moves from PayPal's executive branch into Google and other companies.

Moreover China in joint venture with Japan is attempting the implementation of Yuan-Yen ventures to create an international trading currency to initially take the role of the falling Euro and give its monies worth to the dollar in the second stage.

An expected move on the yahoo/alipay to make a run for online/NFC payments is expected soon with a test base in the second largest of the world (china).

We will keep following

Tags: commerce, exchange, news, payment, paypal, unionpay, yen-yuan

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