#Apple planning to launch #PayPal rival: Report

 

Apple is considering launching a mobile-payments service for its iPhone and iPad, which would compete with major players such as PayPal, The Wall Street Journal said Friday. 

The newspaper, citing sources familiar with the matter, said Eddy Cue, Apple's iTunes and App Store chief, "has met with industry executives to discuss Apple's interest in handling payments for physical goods and services on its devices." 

Apple manages purchases of digital content in its online store iTunes. Consumers can also buy mobile applications using their iTunes account, meaning the company already has hundreds of millions of credit cards on file. 

"In another sign of the company's interest, Apple moved Jennifer Bailey, a longtime executive who was running its online stores, into a new role to build a payment business within the technology giant," the newspaper said, citing "three people with knowledge of the move." 

Apple could use the fingerprint reader on its latest model, the iPhone 5S, to limit fraud. 

The company last year said it had 575 million registered users with its iTunes store and has sold 375 million iPhones over the last five years and 155 million iPads since its launch in 2010.

Ref - TOI

PayPal Here for iPad Gets Categories, Item Variations, More

PayPal has updated its PayPal Here app for the iPad with the ability to organize products into categories, create variations of items, automatically open your cash drawer, and more.

Accept credit cards anywhere you do business with the PayPal Here app and free credit card reader. Turn your iPad into an easy-to-use point of sale solution for payment processing. Just 2.7% per swipe* -- no setup costs or monthly fees. Payments go into your PayPal account quickly. Accept Visa, MasterCard, American Express, and Discover cards. 

Features:
• Charge a flat amount or itemize an order. 
• Set up a product list to make order entry fast and easy. 
• Scan an item’s barcode with your camera to add it to an order. 
• Connect a cash drawer and receipt printer. 
• Offer discounts. 
• Set up multiple tax rates. 
• Give customers the option to add a tip. 
• Text or email receipts. 
• Process full or partial refunds. 
• Track sales activity in your Daily Summary. 
• Give employees partial access to your PayPal account so they can accept payments for you. 
• Attract new customers by listing your business in PayPal Local, a directory of stores that accept PayPal. 

SECURITY IS BUILT-IN
PayPal Here uses a fully-encrypted card reader and is backed by world-class risk management and 24/7 fraud protection. You and your customers can feel confident knowing your payments are secure. And you’re protected, too. To help confirm your identity and comply with government regulations, we’ll ask for your date of birth and Social Security number when you sign up. 

CUSTOMER SUPPORT
Live phone and online customer support. 

What's New In This Version:
• You can organize the items in your product list into Categories.
• You can create variations of the items in your product list. 
• Your cash drawer will automatically pop open when you accept cash. 
• Stability improvements and bug fixes. 

You can download PayPal Here for iPad from the App Store for free

New PayPal Here App Released for iPad

PayPal has launched an iPad app for PayPal Here, its Square competitor.

Accept credit cards anywhere you do business with the PayPal Here(TM) app and free card reader. Turn your iPad into a powerful, easy-to-use point of sale solution.

Just 2.7% per swipe* -- no setup costs or monthly fees. Payments go directly into your PayPal account quickly. Accept Visa, MasterCard, American Express, and Discover cards. 

Features:
•Charge a flat amount or itemize an order.
•Set up a product list to make order entry fast and easy.
•Scan an item’s barcode with your camera to add it to an order.
•Connect a cash drawer and receipt printer.
•Offer discounts.
•Set up multiple tax rates.
•Give customers the option to add tips.
•Text or email receipts.
•Process full or partial refunds.
•Track sales activity in your Daily Summary.
•Give employees partial access to your PayPal account so they can accept payments for you.

You can download PayPal Here for iPad from the App Store for free.

PayPal Announces iOS SDK for Mobile Payments

PayPal has announced a new iOS SDK that will enable developers to easily accept payments via apps for the iPhone, iPad, and iPod touch. The company also announced new javascript PayPal buttons and REST APIs.

But we listened when our developers said they wanted better capabilities from us, and now we’re doubling down on our developer programs to deliver the best tools in the industry.

Mobile SDK
Everyone knows that mobile is changing the way consumers shop and pay, and no one more than developers who must have a mobile presence to compete in today’s environment. We’re launching a mobile SDK so that developers can deliver great experiences for their customers by reducing friction when it comes to payments. Customers never leave the developer’s app experience to pay and they have more choice in the way they want to pay – simply click a PayPal button or scan a credit card using our card.io technology. We’re making it available for iOS developers first, but we’ll expand to other platforms soon.

JavaScript PayPal Buttons
Developers can now integrate PayPal in seconds by simply copying and pasting five lines of code into their website, shopping cart or a QR code. We’re making it easy to accept payments on a website, whether it’s a mobile device, tablet, or PC.

New REST APIs
In addition to our existing APIs, U.S. developers will now have access to new APIs built on modern, standards-based technologies such as REST, OAuth, and JSON. We are beta-launching these modernized versions of our most popular APIs –payments processing and immediate settlement – to make it easier and faster for developers to integrate PayPal into their experiences.
● Tokenization – A key feature of our new APIs is that we now tokenize credit cards for developers so that we significantly reduce their PCI compliance responsibilities.
● Developer Website – We are launching a simple, integrated website – https://developer.paypal.com – that gives developers a single location for our sandbox, tools, documentation, and resources they need to build innovative applications.