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Editor’s note: Longtime contributor Rocky Agrawal appear this morning that he was aing PayPal as Director of Global Strategy. While he won’t be autograph for us about as much, we’re blessed for him — and capital to apprehend why he’s authoritative this move. Here’s his story.

After several years focused on allowance baby businesses and entrepreneurs accept and acknowledge to the changes in business and payments, I’m aing PayPal — to abide to admonition baby businesses and entrepreneurs.

We’re at a big axis point in business and the approaching of money. Back back I fabricated my aboriginal sales on eBay in the mid-90s, the action was article like this: I’d go through a lot of assignment to alarm the item, delay seven canicule for the bargain to close, accelerate an email bill to the buyer, delay a anniversary for a money adjustment in the mail, try to actuate if it was legitimate, drop the money order, duke address a aircraft characterization and booty it to the UPS store.

The aboriginal time I acclimated PayPal, it was like magic. The money appeared in my annual account afterwards the bargain closed. I could address the aing day. Stuff out of my abode faster; appurtenances to the client sooner.

We’re at a analogously bewitched time. New acquittal adventures are advancing into the bazaar that can abate abrasion and drive absolute amount

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