Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Build Apps 5x Faster
For Half the Cost
Enterprise Cloud Computing

On Force.com
Mobile Apps
Tame your scariest paperwork. Find Out How
Average Rating:
Rate this article:  
PayPal Takes Mobile Payment App to Next Level
PayPal Takes Mobile Payment App to Next Level

By Jennifer LeClaire
September 5, 2013 10:27AM

    Bookmark and Share
"Thousands of PayPal users are probably more than happy to use the PayPal's mobile app to convert their online purchase behaviors to brick-and-mortar purchase behaviors. I think PayPal should be more trusted by retailers than Amazon is and more trusted by users than Google is. This is a nice play by them," said analyst Rob Enderle.
 



Online payments processor PayPal is making some aggressive moves on the mobile wallet front with a redesigned app that offers discounts on merchandise and a credit line. Can the company take mobile spending mainstream?

Like Square and Google Wallet, PayPal is trying to tap into the long prophesied mobile payments revolution. Or, better put, it is trying to push the prophesy into reality. According to Juniper Research, nearly 400 million consumers are using their mobile phones to make purchases. But that number is still in the minority.

"With the new design of the app, we've made it easier than ever for our customers to pay when they're in-store and send money to friends," said Hill Ferguson, vice president of Global Product at PayPal. "We have made it even easier to pay using your bank account in one store and your credit card at the next place. In this release, you can even open a line of credit in the app using Bill Me Later."

Save Time and Money

By moving to improve the in-store shopping experience, PayPal hopes to hasten adoption. The new app, for example, has a tab called "Shop" that lets you find shops or restaurants nearby that accept PayPal payments. Thousands of restaurants, cafes, clothing stores and other retail locations in the U.S., U.K., Australia, Japan, Hong Kong and Canada now allow shoppers to pay using just their mobile phones.

"You can then 'check in' and open a tab with just a swipe. You can change how you want to pay right on the 'check in' screen, meaning you've really got access to your entire wallet in the app," Ferguson explained. "After you've paid, you'll see a confirmation alert and our usual PayPal email receipt."

Here's another perk: By checking in on the PayPal app, you can order ahead and bypass the lines at local restaurants and cafes. More than 1,000 Eat24 locations are taking PayPal mobile payments at launch. On the back end, you don't have to wait for the server to bring the bill. You can check-in to view your bill, give a tip and pay your bill through the PayPal app. You can even order another drink from the app at some locations.

"Instead of thinking about that stack of paper coupons in your desk drawer at home, the new app has the offer waiting in your wallet the second you stepped into the store," Ferguson said. "Starting today, $100 in offers is available in your PayPal app from local U.S. businesses. You can save the offers to your PayPal wallet and they are automatically redeemed at checkout."

PayPal More Trusted?

We caught up with Rob Enderle, principal analyst at The Enderle Group, to get his thoughts on the new app, which competes with efforts of Google and Amazon. He told us thousands of PayPal users are probably more than happy to convert their online purchase behaviors to brick-and-mortar purchase behaviors.

"Unlike Amazon, PayPal is not a retailer that's competing with vendors. And everybody is so worried about their privacy with Google that I wonder how much they are going to trust Google as their banking entity," Enderle said.

"It's one thing to have Google monitoring your Gmail and your social content. It's quite something else to have them monitoring your purchasing directly. So I think PayPal should be more trusted by retailers than Amazon is and more trusted by users than Google is," he added. "This is a nice play by them."
 

Tell Us What You Think
Comment:

Name:

teancum144:

Posted: 2013-09-10 @ 8:56am PT
"It's one thing to have Google monitoring your Gmail and your social content. It's quite something else to have them monitoring your purchasing directly."

Really ... Why should I should trust PayPal/EBay more than Google?

Marty:

Posted: 2013-09-10 @ 8:50am PT
They already have an option for getting a card attached to your paypal account.

jon:

Posted: 2013-09-10 @ 7:28am PT
Gives us a card like Google Wallet was going to do but backed out of, and you have a hit. That's the only thing stopping Google Wallet and PayPal from being the number one way to make transactions.

Philip Cohen:

Posted: 2013-09-07 @ 10:02am PT
Regrettably, the ugly reality for consumers dealing with the clunky, unscrupulous PayPal ... bit.ly/UVXx53





 Mobile Apps
1.   Salesforce App Personalizes the Sale
2.   Target App Makes Shopping a Snap
3.   MixRadio To Spin Off from Microsoft
4.   Banks Hit by Android-Skirting Malware
5.   Business Impact of IBM-Apple Deal


advertisement
Salesforce App Personalizes the Sale
New CRM and sales automation tools.
Average Rating:
Banks Hit by Android-Skirting Malware
34 institutions, four European countries
Average Rating:
Mobile Apps Offer Last-Minute Deals
Along with spontaneity and surprise.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Researchers Working To Fix Tor Security Exploit
Developers for the Tor privacy browser are scrambling to fix a bug revealed Monday that researchers say could allow hackers, or government surveillance agencies, to track users online.
 
Wall Street Journal Hacked Again
Hacked again. That’s the story at the Wall Street Journal this week as the newspaper reports that the computer systems housing some of its news graphics were breached. Customers not affected -- yet.
 
Dropbox for Business Beefs Up Security
Dropbox is upping its game for business users. The cloud-based storage and sharing company has rolled out new security, search and other features to boost its appeal for businesses.
 

Enterprise Hardware Spotlight
Watson Gets His First Customer Service Gig
Since appearing on Jeopardy, IBM's Watson supercomputer has been making a living using his super-intelligent knowledge base for business verticals. Now, Watson's been hired for his first customer service job.
 
Tablet Giants Apple and Samsung Feel the Heat
When a company saturates its home market with a once-hot product, expect it to pump up efforts elsewhere. Apple, for its part, is now pushing iPads to big corporations and the enterprise market.
 
Microsoft Makes Design Central to Its Future
Over the last four years, Microsoft has doubled the number of designers it employs, putting a priority on fashioning devices that work around people's lives -- and that are attractive and cool.
 

Mobile Technology Spotlight
Stanford Researchers Report Battery Breakthrough
Stanford researchers have found a way to use lithium in a battery's anode, a breakthrough that could triple capacity and has been described as the "holy grail of battery science."
 
Samsung Postpones Launch of Tizen Phone
The possibility that the Tizen operating system can survive is dropping. So the scheduled third-quarter launch in Russia of the Samsung Z smartphone, which is designed for the mobile OS, is being postponed.
 
Verizon Plans Throttling for 'Unlimited' Bandwidth Hogs
In what could be an opportunity for competing wireless carriers, Verizon is throttling data speeds on unlimited 4G plans because of more consumer demand for high-speed data networks.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.