» Paypal Launches Mobile Payment and Buying Options
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This is as big as it gets in the mobile payments field, at least in U.S.: Paypal has launched a mobile phone payment and buy option…
— On sending payments through our phone, as Russell explains it well: go to PayPal, sign in, add a new phone to your profile and mark it as mobile. The site will offer you the chance to confirm the phone so you can use it to make payments, then you enter a pin number, and an IVR system will call your phone and prompt you to type in the PIN, then you can send money. I tested it out and it is very easy…I used the IVR to send money, not the text option.
— Paypal is also offering another option to buy using their service: it is called Text2Buy and it is buying using a text message: “Where you see Text to Buy — on a poster, in a magazine, at an event — just order the item securely by text message.” The service doesn/t seem to have any merchants attached to it yet… --Paypal’s History in Mobile: Some Links
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