Breaking News Bar
posted: 9/5/2013 1:45 PM

PayPal app adds more mobile wallet features

hello
Success - Article sent! close
  • PayPal is updating its mobile app, adding features such as the ability to place an order ahead of time and pay with it while at the restaurant table.

      PayPal is updating its mobile app, adding features such as the ability to place an order ahead of time and pay with it while at the restaurant table.
    ASSOCIATED PRESS

 
Associated Press

NEW YORK -- PayPal is updating its mobile app, adding features such as the ability to place an order ahead of time and pay with it while at the restaurant table.

The move comes as eBay Inc.'s subsidiary works to expand beyond processing payments for online purchases. It's been trying to service transactions at brick-and-mortar stores as the two worlds continue to meld.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

The free app is available Thursday for iPhones and Android phones. It includes a feature called "Shop." With it, people can find nearby stores and restaurants that take PayPal payments. People can use their phones to pay for things.

Forrester Research analyst Denee Carrington called the update the next step in mobile payments, though she noted that some features -- such as the ability to use PayPal to pay the check at a restaurant -- could take people some time to get used to.

"People are not struggling with paying. They don't need an easier way to pay. Paying with your card isn't hard," she said.

Rather, she said, what's needed is a "smarter and more convenient commerce experience before, during and after the moment of payment."

This means the ability to see coupons and special offers near you or receive financing through PayPal's "Bill Me Later" service while you're in the store wondering how you'll be able to afford that new couch.

Forrester estimates that there will be about $90 billion spent through mobile payments in the U.S. in 2016. Although PayPal has a slew of competitors, such as Square and Google, Carrington said "no one has an inroad to the merchant community the way PayPal does."

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.