So, another senior executive has abandoned PayPal. David Marcus saw the writing on the wall and left for Facebook; and here is another ex PayPal executive, Sam Shrauger, that has landed at Visa. What does this tell us? Well, it tells us that these ex PayPal senior executives recognise that, notwithstanding PayPal’s ten-year head start, now that the professional "MasterPass" and "Visa Checkout" digital wallets from MasterCard and Visa have been introduced, PayPal’s days are numbered.

As these two ex PayPal executives well know, PayPal is a clunky intermediary, a "merchant of sorts" (PayPal’s own words), which, in the main, rides on the back of the world’s retail banks’ existing payments systems.

In the final analysis, now that MasterCard and Visa have both introduced digital wallets to professionally service the retail banks’ online and mobile commerce customers, PayPal’s shuffle towards the palliative care ward will soon enough begin; not even regular dialysis is now going to keep the clunky PayPal going for any great length of time …

And, again, goodbye clunky "PreyPal", it’s not been nice knowing you … http://bit.ly/1nSA1Zl