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PayPal Loses Top Payment Exec to Google, Appoints New Head

January 26, 2011 at 2:02 pm PT

PayPal’s Osama Bedier has resigned after eight years at the eBay-owned company and will take a job across town at Google.

In a blog post, Scott Guilfoyle, PayPal’s CTO, made the announcement and introduced the new head of the platform team, Matthew Mengerink.

But the departure of Bedier to Google is a big blow to PayPal, considering that both companies are racing to build next-generation payment platforms with a strong mobile component.

Bedier held the title of VP of platform and oversaw PayPal’s global payments platform, including mobile.

Mengerink is an internal replacement for the position, having worked at PayPal for 10 years. He previously led the PayPal architecture, infrastructure, payments development, core technologies, international development, customer quality and engineering services teams.

I will update when I hear more on what Bedier will be doing at Google.

Tagged with: anouncement, architecture, Arrivals Departure Features, blog, core technologies, customer quality, departure, development, e-commerce, eBay, eMoney, engineering, Google, infrastructure, internal, international, iPhone, Matthew Mengerink, merchants, next generation, Osama Bedier, payment, payments, platforms, replacement, resign, retail, Scott Guilfoyle, spending, Tricia Duryee, update

comments so far. Add yours.

Ravi Kalakota

I hope PayPal has some business method patent protection that will give it some time before Apple, Facebook, Google reverse engineer & rollout their digital money products. I won’t be surprised if Amazon.com rolls one out soon also leveraging their customer base, payphrase, One Click checkout etc.

Mobile payments is turning into competitive dog-fight. American Express is working this; Verizon, AT&T are working on this. Won’t be surprised if Microsoft and Nokia partner on this. Should be interesting to see which industry’s solution sticks in which geography and gains critical mass in the mobile space.
http://www.davidafenton.com/ DavidAFenton

first order of business: rename Google Checkout (awful)
http://www.webseoservices.in/ Seo india

Google is going to have all the best Human resource in the earth, best makes it best…
John Black

PayPal loses..??? I wouldn’t say so)))))) They should start celebrating now!!!! Osama is a great example how the rats selling companies’ ideas and secrets to other competitors. No talks…rather say shame!!!!!!!!!!!!the time will show you all:)))))))