paypal

When will mobile wallets be reality in UK

Paypal UK seem to think that 2016 will mark the real start of money’s digital switchover in the UK. This based on a survey conducted with some UK retailers and 550 mobile shoppers. Of course this will not sound the end of cash but it will certainly change the way customers shop both online and in

the High Street. It will not be just mobile you can pay with either although they may be the most compact! There will be other devices available, it is envisioned you will ne able to pay with whatever device you are on wherever you are. It could be a mobile, tablet, PC, games console, or a whole lot more. An interesting thought, but it means the retailers will be able to devise novel ways of getting your attention and making it more attractive to shop with them versus another retailer.

http://bit.ly/rOxpCX

Paypal App

 

 

 

 

 

How many of you know that Paypal as an App for your Android, iPhone and Blackberry. It was news to me and I consider  up to date on such things. Clearly, I am not as up to date as I thought. Anyway I thought I would write something about it for those of you like me who were not aware – http://rww.to/uIOEeS.  Paypal have some amazing stats on currents purchase and predicted purchases for 2011 – http://www.auctionbytes.com/cab/cab/abn/y11/m11/i04/s02. Admittedly this are all US$ and presumably US based data nevertheless the stats are impressive. One has to wonder what will happen when mobile wallets become more available. What is even more concerning if you are worried about your budget is the new Paypal App that has been just announced in US. It is only in trial stage at present in New York  but if you go to – http://read.bi/vIbdaX, you can see what it is all about and how it looks.

The big problem is everyone is making it so easy to part with your money these days. Perhaps someone might think of an App to help you stop spending!