Tag: PayPal
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…
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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.
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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,…
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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…
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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…
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The future of credit cards in the UK
I’m not sure I entirely agree with this article from the BBC about the future of credit cards. I believe credit cards will continue to develop. But this statement from the author David Black, Banking specialist with Defaqto, has some resonance: One cannot help thinking that we may have already seen the peak of the…
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