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PayPal Mobile officially announced

By Derek Sooman

On April 6, 2006, 7:08 PM

More news on the PayPal Mobile service - PayPal has now officially announced the launch of the text-based cell phone service, at a wireless convention. The idea of turning the mobile phone into an "m-wallet" has attracted much interest and attention in a world that could very easily learn to live without cash and credit cards in the future.

While U.S. consumers and wireless operators have been eyeing the m-wallet and pilot-testing various systems, Japanese wireless operators like NTT DoCoMo have already run successful services that use the phone for a credit card, ATM card, apartment key, and train ticket.
PayPal President Jeff Jordan said in a statement that with the overwhelming popularity of mobile phones, the time was right to start considering the merging of e-commerce and wireless devices.

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  1. April 7, 2006 3:38 PM
    Phantasm66 said:
    I think in the future mobile phones might even have credit card / bank card readers in them, and people can give each other money that way instead of using cash.You'll also be able to buy goods from the TV / Internet by texting a number.
    Reply
  2. April 8, 2006 9:30 PM
    AeonXX said:
    Big Brother is watching.
    Reply
  3. April 8, 2006 11:28 PM
    Phantasm66 said:
    [b]Originally posted by AeonXX:[/b][quote]Big Brother is watching.[/quote]People always say that when cool stuff comes out.
    Reply

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