RSS

VISA, Amex, Mastercard or PayPal Here? Mobile Payment Solution from PayPal

19 Mar

PayPal recently announced a new service – PayPal “Here”, claimed to be the world’s first global mobile payments solution that allows small businesses to accept almost any form of payment.

The PayPal Here service includes a free App and fully encrypted thumb-sized card reader, which turns any iPhone (and as indicated by PayPal soon on Android smartphones), into a mobile payment solution. With PayPal Here, small businesses, service providers and casual sellers can send invoices or accept cards and PayPal using one simple product.

Will be interesting to see what Apple and Google’s strategy would be like – would they lock out or restrict devices so that only their native payment technologies can be used maybe? That would be a blow to the flexibility that consumers will need but who knows…and wonder what the credit card companies are doing about all this – are the days of the plastic card numbered? Google Wallet lets you link up your Citi MasterCard securely allowing you to tap and pay via a secure chip installed on your devices. Obviously, it needs to be a Google Android device you’re on.

 
Leave a comment

Posted by on March 19, 2012 in Uncategorized

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: