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PayPal unveils mobile payments for in-store shopping

Matt Hamblen | Sept. 15, 2011
PayPal has unveiled a mobile payment initiative for shoppers that doesn't require near-field communication (NFC) technology inside smartphones.

PayPal said in February it would start pilot programs of mobile payments within a year, but hasn't given more details on timing. It faces a number of competitors.

All the major credit card companies and many major U.S. banks have announced plans for mobile payments. Google said it would work with MasterCard and Sprint on launches later this year, while Visa has described separate initiatives. Isis, a consortium of three major wireless carriers, has plans for two pilots in 2012.

PayPal and its parent eBay have also filed a lawsuit against Google for stealing trade secrets related to mobile payments and point-of-sale strategies.

Matt Hamblen covers mobile and wireless, smartphones and other handhelds, and wireless networking for Computerworld. Follow Matt on Twitter at @matthamblen or subscribe to Matt's RSS feed . His e-mail address is mhamblen@computerworld.com .

Read more about mobile and wireless in Computerworld's Mobile and Wireless Topic Center.

 

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