paypal mobile wallet Archives

J.P. Morgan Chase and PayPal mobile payments deal announced

07/24/201707/22/2017 L. Green

Two giants in the payments industry are now working together – as well as competing – under a new agreement. J.P. Morgan Chase and PayPal mobile payments – two companies among the highest profile firms in mobile wallets – have announced a new partnership within their continuing competition. They have now developed terms for a new deal that they announced at the end of last week. This agreement expands the Chase Pay mobile wallet service reach from J.P. Morgan Chase. The Chase Pay service is a form of mobile wallet…

PayPal mobile wallet go head to head with Amazon in massive market

05/03/201705/01/2017 Jorge Gonzalez

The digital payment platform has applied for its license to operate within the Indian marketplace. PayPal mobile wallet will soon be available to Indian consumers and merchants as the global online payments giant applies for its license to operate in the country. This follows closely on the heels of Amazon’s similar entry into that massive market. The American company has applied to the country for a prepaid payment instrument (PPI). This would place PayPal mobile wallet in a market where these types of payments are suddenly taking off. It is…

PayPal launches mobile storefronts in New York City to help shoppers acclimate to mobile commerce

11/11/201111/11/2011 Sam Lambert

NFC Technology Mobile Payments Infrastructure

PayPal is preparing to launch their new mobile wallet product – dubbed the PayPal Wallet – in the coming months and has begun introducing consumers to what the company believes with be the future of commerce. The company has erected several virtual store fronts throughout New York City. These stores are similar to those built by British grocer Tesco in South Korea, but instead of using QR codes, PayPal is using NFC technology. The company hopes to gauge the response of consumers regarding the concept of mobile commerce, especially those…