Dec 11 2009

PayPal and PayPal Mobile X

Ebay has launched a platform X that PayPal allows developers to create applications that use payment via PayPal API. With PayPal incorporated directly into applications, users will not have to navigate to a separate payment site to complete a transaction, it is potentially more business for developers and PayPal. Payments by PayPal account have declined in recent years, increasing payments by 1.7 on average in 2005 to less than 1.2 today. The platform Pal X could resume the process and even exploding mobile and compatible with iPhone!

1 half of 2010 launch

- Currency conversion: automatically convert currencies during the day
- Pay Anyone: send money from a bank account (without PayPal account)

- Pre-Approvals: approvals of reusable payment between buyers and sellers

– Send Money: payment solutions to owners or between professionals

– Payments chain: reallocate the amount of payment

– Payments in parallel: send money to multiple recipients in one payment

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