SAN FRANCISCO (Reuters)—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., 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.
The service, known as PayPal Mobile, will be launched in the next couple of weeks in the United States, Canada and Britain. Other markets worldwide will follow for the world's biggest online payments service.
"PayPal is going to be launching a mobile payments product," PayPal spokeswoman Sara Bettencourt told Reuters.
Go to report to read it all is too long to put here
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Without my ignorance, your Knowledge would be meaningless.
posted on March 24, 2006 01:39:27 PM
Why not, just what we needed. PayPal over the phone. What next, telepathic money transfer's? Oh, I owe how much, hold on a second George, I'll think you the money
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former. - Albert Einstein
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former. - Albert Einstein