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Q: But local councils were planning to close down their housing benefit payment divisions after 2017?
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We went downstairs to the hospital's payment division.
The company credited the surge to its PayPal electronic payment division, international sales and record sales at its ticket broking operation, StubHub.com.
An economist, he worked at the Federal Reserve Bank of New York as chief of the Foreign Research and Balance of Payments Divisions.
Bansal founded Flipkart in 2007 with Sachin Bansal (no relation) and had served as its CEO since 2016, before going on to become CEO of the Flipkart Group — which spans its core e-commerce, fashion and payments divisions — one year later.
The company plans to combine it with its payments division, PayPal.
So does M-Pesa, the mobile payments division of Safaricom, a mobile phone provider based in Kenya.
Besides selling PayPal, its payments division, it may also sell a unit that manages retailers' e-commerce operations.
"It's definitely an overnight revolution," said Elvira Swanson, a senior business leader at Visa who works in its mobile payments division.
Perhaps prodded by American regulators, Alibaba has tried to explain why it spun out Alipay, a vital online-payments division, in 2011.
Most of its growth came from mobile retailing and its PayPal online payments division, a business it acquired in 2002 for what now looks like a bargain $1.5 billion.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com