PayPal goes Mobile

Posted on Friday, Mar 24 2006 @ 15:16 CET by Thomas De Maesschalck
PayPal is preparing a new service to enable consumers to make purchases or money transfers using SMS via mobile phones.
The move by PayPal, a unit of online auctioneer eBay, marks a big step in bridging the worlds of e-commerce and the physical world of brick and mortar stores by giving consumers a pay as you go option via phones, analysts said.

The service, known as PayPal Mobile, will be launched in the next couple of weeks in the United States, Canada and Britain. Other markets worldwide will follow for the world's biggest online payments service.
More details about the new service can be read over here.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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