Posts Tagged ‘PayPal’
PayPal unveils mobile payment system for small businesses
2 April 2012 | 
Author And finally the obvious contender for Square payment processing:
PayPal is targeting small businesses, service providers, and casual sellers on the move with its new PayPal Here service which allows vendors to process a variety of payments including checks and cards using their mobile phones.
via PayPal Unveils Mobile Payment System for Small Businesses.
I still want to know when we can have either working in the UK?
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Boku, the new rival to PayPal?
This should be interesting to follow: PayPal, the online payments company owned by eBay Inc, just got a new rival in the race to develop a mobile payment service that can be used in physical stores.
Boku Inc, a big online mobile payments company backed by venture capital firms including Andreessen Horowitz and Benchmark Capital, unveiled a new service on Thursday that lets people pay with any mobile phone anywhere credit cards are accepted.
Boku already provides carrier billing through about 230 wireless carriers, including AT&T Inc, Vodafone Group Plc and Verizon Communications Inc in more than 60 countries. This service lets people pay with their mobile number and get the transactions charged to their monthly phone bill.
Read more >>> PayPal Gets New Rival In Offline Payments Race « Internet « Techcircle.in – India Internet, mobile, consumer tech, business tech.
EA, Facebook and Sony are just some of the partners they cite. I’m going to sign up now and see what the experience and the service is like. Have you tried it?
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Posted in Marketing | 
Tags: Andreessen Horowitz, AT&T, Benchmark Capital, Boku, carrier billing, EA, EBay, Facebook, mobile payment, online payments, PayPal, Sony, Verizon, Vodafone, wireless carriers | 
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P2P payments through Facebook
The ability to send money to a friend using Facebook is here, now. PayPal have released an application that allows the sending of money P2P accompanied by a greeting card if the sender so wishes.
How to send money to friends through Facebook
If you forget birthdays until Facebook reminds you, or you constantly fear that your friends pay for lunch more often than you, then PayPal’s new Facebook app is for you. Send Money is aptly named, and while you can choose to bundle your e-payment with a silly customized greeting card, there’s no need for it. Here’s how to settle your accounts:
via How to send money to friends through Facebook | How To – CNET
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Posted in Global Prepaid Exchange, Marketing | Tags: Facebook, Facebook app, greeting card, P2P, PayPal, Send Money | No Comments »
Wallet may become obsolete in the US in four years
News that I doubt:
The good old wallet may become obsolete in the US within four years with people increasingly going for digital money, an e-payments company has claimed.
via Wallet may become obsolete in the US in four years: PayPal – Economic Times.
Posted in Marketing | Tags: digital money, e-payments, Economic Times, news, PayPal, US, wallet | No Comments »
PayPal’s mobile plans
PayPal Inc. is dropping any pretense of not pursuing point-of-sale payments directly. The eBay Inc. subsidiary now promises that it has new services coming for paying at physical locations using smart phones.
Third-party software developers for several years have been designing various apps that have blurred the line between traditional POS and online payments. PayPal, which first offered mobile payments in 2006, contributed to this major shift two years ago when it opened its network to outside developers. But PayPal repeatedly has said that the company itself had no direct designs on physical storefronts.
Full story: http://www.digitaltransactions.net/news/story/3055
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Posted in Marketing | Tags: EBay, eBay Inc, PayPal, PayPal Inc, point-of-sale payments, smart phones | No Comments »
Why PayPal doesn’t care about NFC
“The problem with NFC payments is that they don’t do anything to help generate new leads,” says Laura Chambers, Senior Director of Paypal Mobile. They also don’t do much to encourage repeat business, she says. PayPal services about 9 million merchant accounts, many of which are mom-and-pops who don’t want the expense of credit card terminals from a big company like Verifone. She says those merchants are ambivalent about how a customer pays–as long as they come back with friends and do it again.
The rest of this article is at: Why PayPal Doesn’t Care About NFC | Fast Company.
Posted in Marketing | Tags: generate new leads, Laura Chambers, merchant accounts, NFC, payments, PayPal, PayPal Mobile, repeat business, VeriFone | No Comments »
Google planning payment test in New York and San Francisco
Google Inc. plans to start testing a mobile-payment service at stores in New York and San Francisco within four months, letting shoppers use their phones to ring up purchases, two people familiar with the project said.
The company will pay for installation of thousands of special cash-register systems from VeriFone Systems Inc. (PAY) at merchant locations, said one of the people, who requested anonymity because Google’s plans haven’t been made public. The registers would accept payments from mobile phones equipped with so-called near-field-communication technology.
via Google Said to Plan Payment Test in New York, San Francisco – Bloomberg.
So, who said Google were not a competitor in the payments sector? As I’ve been saying for a while, Facebook, Google and PayPal are all players that could, and probably will, disrupt and transform the payments market. Their ability to work in the prepaid sector is of real interest.
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Posted in Marketing | Tags: Face, Facebook, Google, mobile payment, Near Field Communication, New York, NFC, payments, PayPal, San Francisco, VeriFone | No Comments »