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PayPal is expanding its services and challenging rivals with its new in-store payment system, as the company broadens its horizons beyond traditional online shopping. The Ebay-owned in-store payment system began a trial run in 51 Home Depot locations in San Francisco, and will expand to all Home Depot locations and 20 other major retailers around [...]
Posts Tagged ‘PayPal’
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PayPal Brings Window Shopping to Your Phone
December 14th, 2011 
admin PayPal is turning shop windows into interactive mobile displays, adding a new wrinkle to the growing mobile shopping industry. The new system projects a holographic shopping interface onto closed shop windows, allowing passers-by to connect with their mobile phones to an app. The app allows users to browse the shop’s contents and buy the items [...]
PayPal Touts Own Mobile Payment Service, Dismisses NFC
October 4th, 2011 admin PayPal dismissed NFC technology, and instead suggested that its own service will pave the way for mobile payments. “There simply aren’t that many NFC enabled phones out there and we don’t see NFC as something that will happen very quickly,” said Anuj Nayar, PayPal’s director of communications, to TechCrunch. Nayar pointed out Google Wallet currently [...]
PayPal Lets Customers Make Payments With a Tap
July 15th, 2011 admin PayPal unveiled a new payment system that lets Android owners pay each other by tapping their phones together, signaling the growing prominence of NFC-enabled devices in online commerce. The payment system currently only works on one phone model, the Samsung Nexus S, offered by Sprint and T-Mobile. But it will expand to other Android phones [...]
PayPal Sees Increase in Mobile Payments, Competition
June 28th, 2011 admin PayPal estimates it could process as much as $3 billion in mobile device payments this year, as e-wallet options continue to expand in an increasingly competitive field. The San Jose, Calif.-based company, which originally expected to reach $1.5 billion in mobile payments, doubled its estimate as more smartphone users begin to use mobile platforms to [...]
PayPal Sues Google Over E-Wallet
May 28th, 2011 admin PayPal today sued Google for allegedly stealing trade secrets to build its new e-wallet platform, asserting its position in the increasingly competitive world of mobile payment systems. PayPal alleges Google lured away two of its employees, Osama Bedier and Stephanie Tilenius, in order to learn rival secrets. Bedier, according to the suit, was quietly interviewing [...]
PayPal Rushes Security Patch for iPhone App Flaw
November 5th, 2010 admin PayPal has rushed to correct a security flaw in its iPhone application that could allow a hacker to intercept users’ passwords. The Internet payment company has patched a flaw in its iPhone app could allow malicious users to intercept transaction data passed between an iPhone and a Wi-Fi hotspot. The hole only affected people that [...]
PayPal Introduces Mobile Payments
October 28th, 2010 admin PayPal recently unveiled software that will let customers use their smartphones to make payments, as well as a platform that allows consumers to pay for digital media, music and games more easily. The online payment company, owned by Ebay, unveiled Mobile Express Checkout, a software that will transform mobile phones and other handsets into “digital [...]
