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SAN FRANCISCO (AFP) - eBay's online money transfer service PayPal launched a system enabling people to use their mobile telephones as debit cards, the US company's website revealed.
The new "PayPal Mobile" payment system was available in Canada, Britain and the United States, according to the company.
People who registered their telephones in PayPal accounts could use text messages or calls to safely make purchases, donations or other transactions, PayPal said.
Everyone involved in transactions needed to be registered with PayPal, which provided accounts free for spenders but charged fees to those receiving payments, according to the San Jose, California-based company.
PayPal has long served as an intermediary for online purchases and was bought by Internet auction site eBay in 2002.
The introduction of PayPal Mobile was part of a trend toward cramming more capabilities into handheld devices.
Obopay of Palo Alto, California, and TextPayMe of Redmond, Washington, already offer services allowing people to spend money from their mobile telephones.
Obopay, founded in 2005, derived its name from the Greek word for coin. TextPayMe was created by former Microsoft and Lockheed Martin employees, according to its website.
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Posted: 2006-04-10 11:37:27
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PayPal sucks.
sorry, just had to get that out of my system. i still use it from time to time though.
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[ This Message was edited by: scapevlocity on 2006-04-10 10:41 ]
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Posted: 2006-04-10 11:38:47
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