eBay, Opera, PayPal Unveil Mobile Payment Innovations

February 29th, 2012 at 3:06 am

The Mobile World Congress does not only showcase the latest smartphones and other mobile devices, but also introduces the latest in mobile technology. This year, mobile payment has been the buzz word as the leading tech and financial companies scramble to become the dominating force in this fledgling industry.

At the MWC, eBay, PayPal, and Opera introduced what they have to offer to the mobile public. First up is eBay with its partnership with UK carrier Three, which now pre-installs the auction site’s app on all Android smartphones it offers.

Next is Opera and its launch of the Opera Payment Exchange (OPX), aiming to provide secure transactions on any kind of feature phone, whether it is a highly-advanced smartphone or the entry-level handsets.

Finally, PayPal introduces a new payment system to Home Depot stores across the United States. Each branch comes equipped with PayPal-provided machinery that accepts payments using a card or smartphone and a PIN combination. The online payment agency has also launched the PayPal Carrier Payment Network, which makes mobile payments more viable for a wider number of online merchants.

Source: All Things D, via Engadget


Tags: ,