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iPhone In-App Payments Coming from PayPal

By: , IntoMobile
Monday, April 26th, 2010 at 9:17 AM

PayPal has been working their iPhone app a lot lately, most recently including the ability to Bump to send money to others. Next up is a little something called PayPal Library, which will apparently act a lot like Square, and will have the added benefit of enabling in-app purchases. What that means is that you’ll be able scan a card (via camera? Peripheral?) and and tap a key to transfer money from one PayPal account to the other, at first for real-world goods and services, and later on for mobile software. There’s an API available that will allow developers to include in-app purchases without leaving the app, which sounds pretty convenient. This has apparently been in closed beta for two months or so, if you want to get into it.

There’s also some rumbling that PayPal will become an option in the Android Market to buy apps – that’s right, an alternative to Google Checkout. There’s less to back up that rumour, so don’t hold your breath, but we can dream, right?

[iPhoneclub via TheNextWeb]

About The Author

Simon Sage

Simon Sage’s education largely surrounded writing, technology and online community, leading him to begin his blogging career at www.BlackBerryCool.com and to quickly discover a vibrant and active community surrounding BlackBerry and mobile technology. In exploring RIM’s platform, he has learned what enterprises are looking for in mobility as well as what makes the innocuous BlackBerry so appealing to them. Recently Simon’s been covering RIM’s gradual move into an already-crowded consumer market, and the impact of burgeoning challengers, such as the iPhone, as well as long-time leaders, like Nokia, on BlackBerry’s advancement. With plenty of content under his belt, Simon will be branching off a bit to see what other smartphone manufacturers are working on while still using BlackBerry as a barometer. At IntoMobile, you can count on his posts being even-handed, well-informed and thought-out.

  • Forrest

    but apple already has in-app-purchase , why need paypal ?

    • http://pulse.yahoo.com/_XX3DRBG66LWATXDMPFAU3ZZWNE Mickey R

      cuz Apple charges 30% of your purchase and paypal charges 1~2%