NFC technology still a possibility for PayPal

NFC Technology Mobile Payments Infrastructure

The online payments service has not given up on near field communications despite statements from eBay. Even though PayPal’s parent company, eBay, has brushed off NFC technology in the past, according to Adrian Christie, a spokesperson for the company, it has not entirely given up on it as a potential mobile payments option. Christie is the head of PayPal’s PR and communications and says the eBay subsidiary is still considering it. Earlier this year, when the results of the second quarter for the subsidiary payments company were being announced, John…

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PayPal Here mobile payment system may be a boon for small businesses looking to connect with consumers interested in mobile commerce

Mobile Payments

NFC-powered mobile commerce is gaining momentum all over the world. Many telecommunications and financial organizations are working on developing mobile payment systems that utilize the technology. Some of these organizations have even partnered in order to ensure their share of the market is not taken over by an innovative and enterprising competitor. Acclaimed online payment manager PayPal had once planned to adopt NFC as for its version of a mobile wallet – an application for smart phones that facilitates mobile payments. Earlier this year, the company announced that it would…

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