"eBay says that its PayPal division expects to hit $4.7 billion in total payment volume (TPV) of digital goods in 2011.
The projection, announced at eBay’s X.commerce Innovate developers conference, would be a significant increase in transactions for digital goods — up 28% from 2010, when digital goods accounted for a TPV of $3.4 billion.
PayPal defines digital goods as the “direct or indirect payment of any digital asset.” This includes virtual goods, digital music, news, media, online video and virtual currencies like Facebook Credits."
- Mashable
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