PayPal Launches Mobile Service
Del.icio.us
Digg
Google
Spurl
Blink
Furl
Y! MyWeb
Share:
Sponsors:
By John Blau, IDG News Service
EBay's online processing unit PayPal is rolling out a new service that allows customers in the U.S. and Canada to use mobile phones and other wireless devices to pay for products and services.
he new PayPal Mobile service, announced Thursday, will be demonstrated at the CTIA Wireless trade show in Las Vegas.
The announcement comes as numerous handset makers and operators introduce devices and services for making mobile electronic payments. On Tuesday, for example, Japanese mobile phone operator NTT DoCoMo launched its DCMX mobile payment service.
Going Mobile
To use the PayPal Mobile service, consumers must first open a PayPal account and then log in to the account on a mobile phone. After registering their mobile phone number, they must choose a secure PIN, used to protect payments, it said.
Users make payments by sending a text message to PayPal, which calls them back to confirm the mobile payment and then sends the money to the recipient. The service also allows them to buy goods and services, such as CDs, DVDs, and tickets by sending product codes via text message, PayPal said.
PayPal has already signed up several companies that will offer "text to buy" codes, including MTV Networks, the NBA Store, and 20th Century Fox Home Entertainment.
Article submitted by: Webshark
Last Update: 04-07-2006
Category: Technology
EBay's online processing unit PayPal is rolling out a new service that allows customers in the U.S. and Canada to use mobile phones and other wireless devices to pay for products and services.
he new PayPal Mobile service, announced Thursday, will be demonstrated at the CTIA Wireless trade show in Las Vegas.
The announcement comes as numerous handset makers and operators introduce devices and services for making mobile electronic payments. On Tuesday, for example, Japanese mobile phone operator NTT DoCoMo launched its DCMX mobile payment service.
Going Mobile
To use the PayPal Mobile service, consumers must first open a PayPal account and then log in to the account on a mobile phone. After registering their mobile phone number, they must choose a secure PIN, used to protect payments, it said.
Users make payments by sending a text message to PayPal, which calls them back to confirm the mobile payment and then sends the money to the recipient. The service also allows them to buy goods and services, such as CDs, DVDs, and tickets by sending product codes via text message, PayPal said.
PayPal has already signed up several companies that will offer "text to buy" codes, including MTV Networks, the NBA Store, and 20th Century Fox Home Entertainment.
Article submitted by: Webshark
Last Update: 04-07-2006
Category: Technology
Current rating: 5.43 by 73 users
| Would you recommend this article to a friend? |
| Not a Chance | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Absolutely |
Related News Stories
(36,290 reads) 02-10-2011
· Free traffic service for your nuke site(10,686 reads) 01-16-2009
· Nearly 9 Million PCs Hit By 'Downandup' Worm(11,581 reads) 12-17-2008
· Major flaw revealed in Internet Explorer(17,818 reads) 06-13-2007
· Directx 10 for XP(15,373 reads) 09-11-2006
· Intel's Core 2 Quadro Kentsfield: Four Cores on a Rampage(15,693 reads) 08-01-2006
· Windows Media Player 11 Beta.(15,889 reads) 08-01-2006
· Microsoft to charge for Office beta.(15,587 reads) 07-24-2006
· AMD and ATI to Create Processing Powerhouse(15,746 reads) 07-14-2006
· Firefox 2.0 Beta available.(17,226 reads) 04-25-2006
· New IE Beta
Please register or sign-in to post comments.