tag:blogger.com,1999:blog-38136534.post2029063387564185074..comments2024-01-25T07:09:39.896-08:00Comments on Mobile Banking: Where is Paypal goingHannes@Homehttp://www.blogger.com/profile/05855107176790028364noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-38136534.post-79731630985137625462012-03-25T13:44:43.774-07:002012-03-25T13:44:43.774-07:00I think I now see clearly that they are in panic m...I think I now see clearly that they are in panic mode over Square as this post below articulates<br /><br />http://www.msba.ca/index.php?option=com_content&view=article&id=136:paypals-non-strategy-is-a-strategy&catid=1:latest-news<br /><br />Seems they waited too long for someone else to come eat their lunchAnonymoushttps://www.blogger.com/profile/04175545893005219915noreply@blogger.comtag:blogger.com,1999:blog-38136534.post-16146475246769016122012-03-19T01:58:00.624-07:002012-03-19T01:58:00.624-07:00I think with "Paypal here" the answer ha...I think with "Paypal here" the answer has been given. They see Square as their biggest threat and all they have been doing was gearing up for the big fight.Anonymoushttps://www.blogger.com/profile/04175545893005219915noreply@blogger.comtag:blogger.com,1999:blog-38136534.post-31456896663471076722012-03-13T03:40:53.609-07:002012-03-13T03:40:53.609-07:00I am also following PayPals forays into physical r...I am also following PayPals forays into physical retail with interest.<br />I believe they are testing with several technologies including 2D barcodes, privately issued (plastic) cards, and a system where the user enters their mobile phone number into the POS terminal followed by a PIN. <br /><br />If I am not mistaken then it is the last one of these that is being used in the Home Depot rollout. I think it works like this: the customer chooses Paypal as payment method, enters their mobile phone number onto the POS terminal so that the right account is selected, and finally punches in the PIN for authorizing the payment.Anonymousnoreply@blogger.com