New mobile payments service introduced by PayPal

Paypal mobile payments

PayPal unveils new service that may make mobile commerce more convenient PayPal has introduced a new service that may make mobile payments more convenient. The company has unveiled One Touch PayPal, which allows users of the PayPal application to initiate a purchase with a retail merchant with a single touch of the screen. The service is based on technology developed by Braintree, a mobile commerce firm that was acquired by eBay in 2013. Merchants that want to support the new One Touch PayPal service will have to make use of…

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