PayPal today announced a major update to its iOS app, introducing a complete iOS 7-style redesign that focuses on mobile payments in physical locations.
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]
Top Rated Comments
(View all)So true! Every time I sell an iPhone or other device I renew my hate for them :-)
Exactly!What other company do you know that tells an 10 year account holder that they will keep your funds for up to a month until you establish a relationship....
Somebody needs to replace them AND Ebay in a hurry.
Why the government doesn't investigate both of these shysters is beyond me, they must be providing some valuable NSA type info like AT&T and the rest of them do, which in turn earns these companies freedom from a congressional hearing.
So, eBay owns PayPal, and eBay forces its users to use PayPal, and no third-party e-payment services are allowed to participate. In fact, you can't even accept check or money order for items you sell anymore. So eBay charges their fees, then their own company PayPal takes an additional cut after that and there's no way around it. Every day they're just printing money over there, what a racket.
Doesn't this sound like a no brainer for an anti-trust lawsuit, and why the **** hasn't it happened yet?
PayPal is turning into a monopoly for this function and since they're the worst company in the world who I won't use, that's kind of a problem for me.
Gee, what perfect timing...
http://www.mailpile.is/blog/2013-09-05_PayPal_Freezes_Campaign_Funds.html (http://www.mailpile.is/blog/2013-09-05_PayPal_Freezes_Campaign_Funds.html)
Timely example (of many) showing that Paypal is perhaps the worst company to trust with your bank account info and your money.
As someone else stated, it's strange Apple has no interest in the mobile payment arena given iTunes prevalence.
.
Their "freezing" (taking) of large sums of peoples money once they have it in their possession because of a hundred different excuses from "Patriot act!" to "Suspicious behavior, send us every little personal detail about your life first and we'll review and evaluate whether we approve" that aren't their concern, are the last straw.
It's back to the old way for our company. Credit Cards, Cashiers checks & Postal Money Orders, held until funds clear, from here on out.
We'll gladly forfeit convenient impulse purchases to save a ton on fees and time lost to their BS.
For receiving money, Paypal has sunk to a mere half-step above a scam. I hope they burn.
These types of sensors only work with living fingers, the sensor does not visually scan the print it uses a signature generated by the fingers living tissue. Good job too because I can imagine there are people about that wouldn't think twice about hacking off someone's finger to get at their cash.
Problem is, anyone that doesn't know this will still think a little hackey-hackey will work. ;)
D.
PayPal is turning into a monopoly for this function and since they're the worst company in the world who I won't use, that's kind of a problem for me.
So true! Every time I sell an iPhone or other device I renew my hate for them :-)
What other company do you know that tells an 10 year account holder that they will keep your funds for up to a month until you establish a relationship....
Somebody needs to replace them AND Ebay in a hurry.