Categories: AndroidiOSNews

News: NFC retail payment system trial in Sweden by PayPal

Sports equipment retailer Alpingaraget and electronics store Webhallen are participating in a five-day program with PayPal testing the new update for their app that enabled phone-to-phone NFC money transfer. Now the company is moving on to in-store transactions test. A newer version of PayPal’s app for iOS and Android will offer customers special discounts at participating locations while stores will hand out NFC stickers for their point-of-sale system.

PayPal is partnering with Swedish developers Point and Accumulate. They are using their “Mobile Everywhere” security solution. It’s reported that this is only the first of several in-store transaction options PayPal is testing. There is no further details or dates for future trials. For those of you excited about this you should probably hold your horses because with such a small number of devices having the NFC technology, PayPal is keeping its options open. It will be sometime till NFC Money transfer is the next big thing ! But, this is surely a small step in that direction.

 

tovachea

I love Android and all its awesomeness. Love Japan and anime. Trying to get back into writing again.

Recent Posts

SENS MJ 2 Neckband Review

SENS, a new wearables company in India launched a handful of devices in the country.…

2 years ago

Truke Buds F1 True Wireless Earbuds Review

The true wireless earbuds market is growing rapidly in India. Truke, a German brand with…

3 years ago

Jabra Elite 4 Active True Wireless Earbuds Review

Jabra has been one of the leading brands in audio peripherals since the company’s outset…

3 years ago

Nokia C01 Plus Review: The Budget Smartphone For Everyone!

The entry-level price segment i.e the price bracket under Rs. 10k has not seen much…

3 years ago

Infinix Smart 6 Review: The Best Value For Money Smartphone

Infinix is well known for launching a budget range of smartphones in India that offer…

3 years ago

Technology Trends That Impact Business Communication

Running a business requires more than just financial solid and customer relations. To successfully grow…

3 years ago