Hi all – Osama Bedier here with some exciting news that we first told you about at PayPal X Innovate 2009. Today we’re announcing a limited beta version of our Mobile Payments library – an important element of the PayPal X global payments platform. Basically, the Mobile Payments Library is a quick and easy way to add checkout functionality for physical goods and services sold through the iPhone (other platforms are coming soon). And the best part is, developers don’t have to worry about collecting and storing debit or credit card information. PayPal takes care of that for you. We think this will open up a whole new way to monetize iPhone applications and build profitable mobile commerce businesses with PayPal.
We’re excited that mobile is really gaining traction. Last year on Black Friday we saw a 643% jump in mobile payments compared to the year before. Cyber Monday 2009 was similarly dramatic: 732% more mobile payments than the year before. This is why we want to share this new technology and can’t wait to see all the cool new ideas that our developer community comes up with.
Two of our developers are already building cool new apps on this technology. ShopSavvy will be integrating PayPal into its popular barcode-scanning app that’s already used by millions of comparison shoppers. When customers see something they want to buy, they simply scan the barcode and ShopSavvy will show them the best prices for the same item both in stores and online. Soon, those shoppers will be able to find the best price AND purchase the item immediately from their iPhones, from any merchant that accepts PayPal.
Many of you have heard about Shutterfly’s Wink, a really cool new service that creates personalized photostrips (like the ones from photo booths) from pictures on your computer, phone, in Flickr or Facebook. Using PayPal’s micropayments processing, the $2.50 photo order is paid for without ever leaving the app — and photo strips are shipped to your door. Read more about Wink in the iTunes store and at wink.shutterfly.com.
We are opening it up to US developers first. We plan to open it up to developers outside the US soon.
If you are interested in signing up for the limited iPhone beta program, you can get more details at our developer portal www.x.com. Additionally, if you’re at Macworld in San Francisco today and want to check out a demo of the iPhone Mobile Payments library, stop by our booth #577.
Source:
https://www.thepaypalblog.com/2010/02/paypal-to-introduce-easy-way-for-developers-to-accept-payments-in-their-iphone-apps/
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