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Paypal People From A Phone

Article Comments  10  

Mar 23, 2006, 1:57 PM   by (staff)

Paypal has added pages to its website explaining how members can now use their mobile phones to make paypal transactions. After linking their PayPal account to a mobile number, users can text a simple message to "PAYPAL" (729725) or call an 800 number to send money to another phone number. If the transfer is initiated by text, they will receive a call to verify and confirm the transfer. Links to this information are not available from PayPal's homepage or account management pages, indicating the service has only soft launched so far. An alternative service, TextPayMe, is in beta, however its payment message must be sent to an email address not a phone number or short code.

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maokh

Mar 29, 2006, 7:42 AM

A premium service?

I really hope this is not another premium service.

I go out to eat with coworkers in a small group. We go dutch treat, and sometimes its difficult to split bills, etc. A mobile pay system like this would be a good way to settle transactions, instead of balancing credits towards future free lunches.

I really do not want to pay an additional $2.99 a month for the ability to send money. At that point, id rather go to the ATM.
fonCall

Mar 23, 2006, 4:38 PM

oh, oh!

Let's make it even easier to commit fraud!
fonCall said:
Let's make it even easier to commit fraud!


Now THAT's a legitimate concern.
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PRStateofMind

Mar 23, 2006, 2:45 PM

Beware

Amen!
PRStateofMind said:
http://www.paypalsucks.org
»

C'mon...this is hosted by the few people who believe they were abused by PayPal. In reality, this site makes life a hell of lot easier.
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itsbetteronamac

Mar 23, 2006, 8:14 PM

Awsome... if it's done right.

Dude, that would be frickin' awsome. And it is secure if you really think about it. You sign up over a secure web connection, and then you just let pay pal know via text how much you want to send. There is no important information shared. And even if someone got a hold of the text, all they would know is how much you sent or recieved. Wow, great way to pay or loan friends money.
 
 
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