Recently, we heard about how Android Pay was looking to be the perennial second place to Apple’s Apple Pay system, and also, lots of rumors in relation to how well PayPal was doing on the online shopping front, beating out even credit cards on some fronts.
A brand new report combines these two points into one intriguing new potential whole as Android Pay and PayPal will now be working together.
Under the conditions of the new partnership, PayPal will now
be an alternative as a payment method in Android Pay, that allows PayPal to,
efficiently, be taken anywhere Android Pay is taken.
Given Android Pay is only accepted at slightly fewer places than Apple Pay, the end result should open up a great new opportunity for PayPal to be used at brick and mortar outlets.
It’s set to start with just the PayPal balance, but later this year, that will expand to include the cards connected to a PayPal account as well. This actually isn’t the first time PayPal’s tried such a thing, and has been actively working to be a part of potential competitors’ operations rather than competing with them directly.
PayPal recently set up a deal with Visa to make PayPal an
option when customers used mobile phones to pay in shops, and a similar deal
used with Mastercard.
Given that PayPal saw revenue of $2.98 billion in the fourth quarter of last year alone, it’s clear that its strategy of making deals with just about anyone in sight is paying off for it going forward. By being “an option” on so many platforms, it’s opening up the field to be used, even if only occasionally.
Any place where it’s an option, it might be used, and in the process it gets access to a new market that it might previously not have tapped. That kind of flexibility opens itself up to get a piece of most every market, and that’s potentially good news for PayPal.
Just lately, we heard about how precisely Google android Pay was looking to be the perennial second location to Apple’s Apple Pay out system, and also, we heard about how precisely well PayPal was doing on the online shopping front, conquering out even credit playing cards on some fronts. A new report combines those two points into one stimulating new potential whole as Android Pay and PayPal will be working along.
Under the conditions of the new partnership, PayPal will now be an alternative as a payment method in Android Pay, that enables PayPal to, effectively, be taken anywhere Android Pay is taken.
Given Android Give is merely accepted at a little bit fewer places than Apple Pay, the end effect should clear a great new opportunity for PayPal to be used at local outlets.
It’s placed to start out with just the PayPal balance, but later this year, that will expand to include the cards linked to a PayPal account as well. This actually isn’t the 1st time PayPal’s tried such some thing, and has been definitely working to be a part of potential competitors’ functions rather than rivalling with them directly.
PayPal recently set up a deal with Visa to make PayPal an option when customers used mobile phones to pay in shops, and a similar deal used with Mastercard.
It’s placed to start out with just the PayPal balance, but
later this year, that will expand to include the cards linked to a PayPal
account as well. This actually isn’t the 1st time PayPal’s tried such some
thing, and has been definitely working to be a part of potential competitors’
functions rather than rivaling with them directly.
PayPal recently set up a deal with Visa to make PayPal an
option when customers used mobile phones to pay in shops, and a similar deal
used with Mastercard.
PayPal may have found a way to readily infiltrate most of the competition and give itself a real advantage in the market. We might well see far more places taking PayPal before too much longer, thanks to the sheer versatility of this mobile payment system.
