paypal smartphone payments Archives

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 companies expect to benefit from frustration of retailers

09/05/201209/04/2012 Stephanie Beck

Traditional credit card companies are aggravating merchants who are turning toward alternatives. Retailers may be looking to mobile payments as an alternative to traditional transactions, having clearly had enough with Visa and MasterCard, as merchants recently refused to accept a settlement in the lawsuit that is currently accusing these credit card giants of working together to set fees for their services. PayPal is an important indicator of how retailer outrage is becoming a driver of alternatives. Investors are currently keeping a close watch on PayPal’s owners, eBay, to see how…

Mobile payments experience notable boost with PayPal partnership with Discover

08/30/201208/29/2012 L. Green

The credit card and online transaction company will now be working together. The world of mobile payments has added a new level of drama with the partnership that has just been announced between Discover and PayPal. This has added yet another level to the explosion in the marketplace where smartphones replace cards. Although there have been regular changes to the mobile payments world as this market emerges, until now, there hasn’t been a single announcement that is quite as powerful as this one in terms of providing a competitive advantage…