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PayPal Unveils New Payment System
PayPal has unveiled a mobile payment product for customers that doesn’t require near-field communication (NFC) technology inside smartphones.
The system relies instead on using smartphones and other mobile devices to scan product bar codes and to authorize payments through PayPal mobile accounts. Shoppers will also be able to use credit-card scanning terminals commonly seen in grocery stores: The user inputs a phone number and PIN on the terminal’s keypad instead of swiping a credit or debit card.
PayPal President Scott Thompson laid out the basics of the plan in a blog posted Wednesday. In the blog, he also took a swipe at competitors, including Google, MasterCard, Visa and others, who are working with NFC in smartphones for a mobile wallet.
“Let’s be clear about something — we’re not just shoving a credit card on a phone,” Thompson said in his blog.
PayPal is already a major global force in online payments, with 100 million customers. While PayPal’s new payment technologies don’t rely on NFC, they do propose making in-store payments possible from any device and support GPS-based offers, according to Thompson’s blog. PayPal will even allow for customers to set up payments on credit after they’ve checked out.
Dozens of merchants got a sneak peak of the technology Wednesday at an event PayPal sponsored. The event was covered by All Things D, which was not allowed to take photographs, but posted a story. In addition to the payment methods shown in the PayPal video, that story said PayPal will allow customers to continue using plastic cards, issued by PayPal, for payment.
In an interview posted on AllThingsD, Thompson said the PayPal approach doesn’t require merchants to install new terminals, nor does it require customers to buy a new smartphone.
Verizon Ending Unlimited Data Plan In July
June 26, 2011 by admin
Filed under Smartphones
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We are closer to reaching the end of Verizon Wireless’s limited-time offer of unlimited data, says the Wall Street Journal‘s AllThingsD. The website reports that the wireless carrier plans to introduce new tiered pricing plans next month for new smartphone customers — including those buying Apple’s iPhone 4.
If true, the report hardly comes as a surprise. Back in January, when Verizon became the second carrier in the U.S. to offer iPhone service, the company said it would offer subscribers a $30-a-month unlimited data plan for the iPhone’s launch, but highlighted the fact that the offer was for a limited time only.
Windows 8 For Tablets To Be Outed
There is a rumor circulating around the Internet that Microsoft will demo Windows 8 for tablets next week at All Things D and Computex. That said, Bloomberg is said to have cited a source from within Microsoft that confirmed Windows 8 tablet OS will be showcased at these events next week. They went on to say the tablet will be demoed using a Tegra based ARM processor.
Over the years Microsoft has totally dedicated their Windows operating system to x86 based processors, specifically Intel and AMD. However, things have changed as smartphones and tablets use has skyrocketed using non x86 processors. This trend left Microsoft no choice but to join the ARM party or be left totally in the dust. As Microsoft showed off the new features in Windows Phone Mango update this week; they were also in the process of getting the tablet version of Windows 8 out as soon as possible.