After watching its rivals Square and Groupon play their hands earlier today, PayPal announced a program that allows merchants to trade in their old payment processing equipment in exchange for new hardware. The promotional offer features POS systems from ERPLY, Leaf, Leapset and the company's own PayPal Here. In addition to luring retailers with a fancy new cash register, the outfit is offering to waive credit, debit, check and PayPal processing fees for the remainder of the year. If the aforementioned incentives sound appealing and you'd like to know more, head on over to our source link to check out the program's all-important fine print.

Filed under: Peripherals, Software

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Source: PayPal

PayPal just announced a new Android SDK for developers. Previously released for iOS, the kit lets app devs integrate mobile payments via both PayPal and credit card. As the mockup above demonstrates, it's very straightforward -- and we're pretty sure that's the point. The SDK will support Android 2.2 (Froyo) and up when it becomes available to US developers on May 15th.

Filed under: Mobile

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Via: The Next Web

Source: PayPal

Recently speaking at the Interop IT conference, PayPal's chief information security officer, Michael Barrett, stated that passwords and PINs were operating on borrowed time. Barrett hopes to replace online security keys with a setup that's a blend of software and hardware-based identification. He also serves as president of the Fast Identity Online Alliance (FIDO) -- the organization's focus is to combine an effective mix of software (passwords and plugins) and hardware (USB drives and fingerprint scanners) for user authentication.

PayPal's technology boss didn't allude to his company adopting these new types of security systems for its customers anytime soon. Instead he announced that FIDO-enabled devices will be hitting the market sometime this year. Progress, yes, but until this hardware becomes more widely available, it's likely that you'll be spending more time getting acquainted with two-step logins.

Filed under: Internet, Software

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Via: SlashGear

Source: Macworld

When PayPal saw Square for the first time, we're fairly sure its CEO glumly stared out of the window, said "we're going to the mattresses" and promptly called the CEO of Discover to talk about an alliance. That unholy union has now brought PayPal into 250,000 retail outlets in the US, and the pair is now promising that the figure will be closer to two million by the end of 2013. Merchant acquirers such as Vantiv, WorldPay and TSYS have also signed up, presumably begging the pair not to let Jack Dorsey take the shirt from their backs.

Filed under: Misc

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There's no shortage of single sign-on solutions out there. But whereas Facebook, Twitter and Google all have a heavy focus on social (obviously), PayPal's take on the field is built around commerce and privacy. Rather than requiring you to set up an account with every site you shop at, entering the same personal information over and over, the stalwart online payment firm wants you to use your PayPal identity across multiple merchants. It uses the same standard protocols (such as OAuth) as its social SSO relatives, but instead of posting meals or books to your feed it sends payment information to shops through a secure channel. When you feel like snagging yourself a pair of fly kicks, all you'd need to do is enter your username and password, or phone number and PIN. All other data, such as shipping and billing address and payment information, would then be passed on by PayPal automatically -- leaving you with nothing to do but admire what a beautiful pair of sneakers your precious Mr. Cuddlesworth makes. For more, check out the quick demo video after the break.

Filed under: Internet

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Via: The Next Web

Source: PayPal