PayPal Really Does Want to Be Your Pal

Its president is remaking the EBay unit to fend off new rivals
PayPal’s projected 2012 mobile payment volume is $10 billion. After Marcus became president, he raised it from the original estimate of $7 billion Photograph by Yoshikazu Tsuno/AFP/Getty Images

When David Marcus first addressed EBay’s PayPal unit in April, he showed his 11,000 employees a photo of actor Will Smith holding the memory-erasing Neuralyzer from the film Men in Black.

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