PayPal to offer payiment by text message
Published March 26th, 2006
Irish Auction News
Online payment company PayPal said on Wednesday it was preparing to offer a service for consumers to make purchases or money transfers using simple text messaging via mobile phones.
The move by PayPal, a unit of online auctioneer eBay Inc. (EBAY.O: Quote, Profile, Research), marks a big step in bridging the worlds of e-commerce and the physical world of brick and mortar stores by giving consumers a pay as you go option via phones, analysts said.
Related Articles PayPal launches mobile payments by mobile phoneeBay’s PayPal to start mobile payment serviceeBay UK mobile biddingPayPal fixes phishing trapeBay launches new text bidding service