PayPal Inc. has made several changes to its payments system aimed at making it easier for software developers to devise new ways to hook into its network.

"PayPal can power all of e-commerce," John Donahoe, the president and chief executive of eBay Inc., PayPal's parent, said during a presentation Tuesday at the PayPal X Innovate 2009 conference. "PayPal will become the leading online payments network."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.