PayPal's Thompson on Cloud-Based Mobile Payments

Nov. 1 (Bloomberg) -- Scott Thompson, president of EBay Inc.’s PayPal unit, talks about the company's plan to expand its cloud-based mobile-payment system to U.S. and European retailers and the outlook for use of near-field communications (NFC) technology for the system. Thompson speaks with Emily Chang on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)