PayPal to offer text message payment service
Published March 24th, 2006
UK Auction News
Online payment company PayPal is preparing to offer a service for consumers to make purchases or money transfers using simple text messaging via mobile phones, the company said on Wednesday.
The move by PayPal, a unit of online auctioneer eBay Inc. (EBAY.O: Quote, Profile, Research), marks a big step in bridging the worlds of e-commerce and the physical world of brick and mortar stores by giving consumers a pay as you go option via phones, analysts said.
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