The next day, they met for smoothies in Palo Alto and came up with the idea that became PayPal: a system of electronic payment designed to make e-commerce easy, consistent, and secure.

NEWYORKER: No Death, No Taxes

These personal transaction terminals will be tied into a delivery and payment system that promises to make 7-Elevens a depot for e-commerce.

FORBES: I Got It @7-Eleven

The system will be particularly easy to implement for merchants who already enable PayPal payment on e-commerce websites.

FORBES: PayPal Wants You To Ditch Your Wallet