Friday, August 24, 2012

PayPal’s new deal with Discover Financial Services

PayPal’s new deal with Discover Financial Services may have just opened the door for the only payment service’s users to pay for goods and services in seven million Discover card locations, but there are big questions whether this deal will really accelerate the future of mobile payments.
There are quite a few challenges PayPal, a subsidiary of eBay, will need to overcome in order to pull this off, not the least of which is the fact that the service it’s initially offering won’t be a mobile payment system at all......
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