Intergalactic currency

15 (1)Online money transfer giant PayPal has announced that it will launch an inter-planetary payment system, known as PayPal Galactic. The company is partnering with two leading groups, the Search for Extraterrestrial Intelligence Institute and the Space Tourism Society, to answer “the big questions around the commercialization of space.” “As space tourism programs are opening space travel to ‘the rest of us’, this drives questions about the commercialization of space. We are launching PayPal Galactic, in conjunction with leaders in the scientific community, to increase public awareness of the important questions that need to be addressed,” said David Marcus, PayPal’s President. “We may not answer these questions today or even this year, but one thing is clear, we won’t be using cash in space.” PayPal has already pushed payments onto the Internet, onto mobile phones and across terrestrial borders. It is now looking forward to pushing payments from our world to the next, and beyond.