PayPal Is Going To Space

Many people know how to buy things in cyberspace. But what about doing business in outer space? That's the question PayPal says it wants to answer. Citing the looming era of space tourism, the company is creating the project along with the SETI Institute, to help make universal space payments a reality.

The two organizations announced their new joint effort yesterday, saying they hope to help solve the big questions that arise with commerce in space.