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Mobile payments from PayPal tested in Australian shops

11/24/201211/22/2012 Sam Lambert

The service allows transactions to occur in-store through a mobile device such as a smartphone. Small businesses in Australia are currently taking part in early trials of the new in-store mobile payments system being offered by PayPal in order to provide feedback regarding its features, function, and value. This new system offered by the eBay owned company first announced the launch of the service last week. Consumers are now able to use a mobile payments app from PayPal to check into a shop that they have entered. This also allows…

Mobile payments are the largest change to retail in a half century

07/15/201207/15/2012 Jesse Collins

Industry experts are calling smartphones the biggest industry revolution since the credit card. When examining the mobile payments world, it is now being said that the revolution it has brought along with it for retail is comparable to that which was seen in 1958 when the first Visa was introduced by Bank of America in the form of the BankAmericard. Smartphones now offer a widespread transaction method that consumers can use on a mainstream basis. Just as credit cards are now vital to today retail marketplace, regardless of the status…