PayPal Sets Its Sights on Outer Space

PayPal Sets Its Sights on Outer Space

PayPal is going where no payments system has gone before ... space.

CNN Money reports that the company will launch an inter-planetary payments program for space tourists.

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Space tourism? Sounds cool, huh?

And pretty far-fetched. But it's not as much of a pipe dream as you'd think--companies like Virgin Galactic and Space X have been working on making consumer space travel a reality.

"We don't have all the answers right now, but it's clear we won't be using cash when we're in space," David Marcus, PayPal's president, told CNN Money.

PayPal has launched a crowd-funding campaign to finance research for a space payments system.

Until the system is up and running, be sure to bring some extra cash for any inter-planetary travel.

RELATED: Flying Solo: Summer Travel Tips for Singles

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