Downingtown, PA and San Juan, Puerto Rico – February 18, 2019 – Ready to use upon download, without card swipers or terminal hardware, the Digital Debit® app make its way to a ready marketplace. Newly-released in the Apple App Store, merchants and freelancers can now accept in-person payments for services rendered from millions of PayPal users. While retail-grade in its functionality, the QR app with PayPal integration can also be used in a more casual way. Family and friends can both pay and get paid with the Digital Debit® app by…
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PayPal to break new ground in mobile commerce by removing NFC technology from the equation
Mobile commerce is beginning to take hold with consumers, but as more companies look to establish themselves in the emerging industry, one of the major contenders is deciding to bow out of the competition. PayPal has decided to discontinue its pursuit of NFC mobile payment applications, claiming that the technology is a step backward for point of sale transactions. The company is not abandoning mobile commerce entirely, however, and will be working on a new way to provide a similar service to tech-savvy consumers. PayPal first began experimenting with NFC…
Read MoreParks Associates report shows the growing support behind NFC technology
NFC-powered mobile commerce continues to gain momentum amongst consumers as telecommunications and technology company labor to raise awareness of NFC technology. Parks Associates, a leading market research and consultation firm, has released a new report outlining the rising demand for mobile commerce coming from consumers. The report shows that mobile consumers are becoming increasingly enamored with “mobile wallets” – the concept of smart phones doubling as payment devices. The increasing demand is attributed to the convenience inherent in the mobile wallet payment system. According to the report, nearly half of…
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