PayPal for iOS Updated With New Mobile Wallet Features
A new "Shop" tab has been added to allow users to discover nearby restaurants and shops that support payments via PayPal. In a location that offers payments through PayPal, users can check in to pay for merchandise, pay directly at restaurant tables, and place and pay for orders ahead of time to skip lines.
Different payment methods, such as separate debit cards and credit cards, can be stored within the app and accessed at any time. The app also supports PayPal’s Bill Me Later function, letting users apply for a line of credit within the app. PayPal partners are able to offer coupons and discounts, which are also viewable within the app, and a transfer function supports quick and easy payments between friends and family.
According to PayPal's Vice President of Global Product, Hill Ferguson, the redesign is part of a push to increase consumer awareness about PayPal's availability in retail locations as well as online.
The new PayPal app update will be available for download later today. [Direct Link]