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mobile news

Paypal App allows users to pay with picture

There is a new feature for the paypal app that allows users to upload a picture of themselves to their paypal account, and then pay for things at certain shops without having to use cash or a credit card.  The user simply “check ins” to the restaurant or store via the paypal app on their smartphone, and when it comes time to purchase the shop owner can pull up their picture on their own paypal app and have the user press “charge” on the app.  This will then charge the order put in by the shop owner to charge the person whose picture is on the app.  This is a new way of purchasing things with technology, and does a good job of combining something that people already use with something they do very often.  The only problem, in my opinion, is the steps needed to check in and then charge.  It almost seems easier to pull out my credit card and swipe.

http://www.telegraph.co.uk/technology/mobile-app-reviews/10229463/Paypal-app-review-how-a-picture-shows-the-end-of-the-PIN.html

Categories
mobile news

Paypal unveils Beacon.

Paypal unveils their new device called Beacon. Beacon is a small device that devotes itself to shopping and restaurants. The device will check a person into whatever store or restaurant they enter and offer new product offers based on that person’s interests. When the person is done, they can check themselves out without having to go through the cashier. The device uses low energy and does not need internet to be used. The biggest plus for Paypal is their connection with NCR. As of now, many of Paypal’s competitors, such as Square, MasterCard and clinkle, are getting their products out there too. However, Paypal has a very large user base. Beacon is set to release 2014, until that time, Paypal has released an app that is similar to beacon, but not quite like it.

Source: http://venturebeat.com/2013/09/09/paypal-unveils-beacon-device-that-lets-you-pay-with-your-identity/