While Ebay's Q2 earnings yesterday showed that its marketplace business was slow, the company's revenue was boosted by continued growth in its online payments business, including PayPal and BillMeLater. Both businesses saw 11 % growth in revenue in the quarter, compared to a year ago, and saw a 20% increase in registered accounts from last year, with 75.4 million accounts. On the heels of this good news, today PayPal is officially announcing the launch of its flexible payments API, called Adaptive Payments (which we scooped a few weeks ago here). The new platform will officially open up to developers in November. Basically the new API is designed to give developers full access to PayPal’s features, allowing them a lot more freedom in building applications which include the ability to accept and distribute payments. PayPal's President Scott Thompson says that developers will basically be able to do anything they want off of the PayPal platform, emphasizing the "global connectivity" of PayPal. He says $2000 flows through PayPal's system every second, 365 days a year. 
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