A big breakup is happening in the business world. Online retailing giant eBay is splitting up with its payments operation, PayPal, sometime in 2015. The move comes at a prime opportunity for PayPal, as the future of online payments is still being charted.
When PayPal first came on the scene in the late 1990s, it simplified making online purchases in a way that users adopted, fast.
"PayPal made it possible for people to pay on the Internet," recalls Betsy Page Sigman, a business professor at Georgetown University. "So they didn't have to bring out their cards ...