Friday, September 16, 2011
PAYPAL TO OFFER MOBILE PAYMENT SYSTEM
Paypal has plans to implement new payment features primarily for (but not limited to) mobile. On the to-do list are things like QR / barcode scans, hyper local deals, fast checkout via NFC, etc. The company is adamant that it's not "just shoving a credit card on a phone," but rather planning to change the whole shopping experience (just like every other mobile payment company). We'll know more when PayPal releases more details in early October, and when it launches the pilot product sometime later this year.
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