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PayPal goes mobile
Posted: 24-Mar-2006 [Source: MTN]

[PayPal opens web site offering new service allowing registered mobile phone users to send money via text message or calling PayPal and following the instructions. The trial service is currently available to employees only.]

PayPal's new mobile payment service allows registered mobile phone users to send money to friends and family, pay or collect dues and fees, give a gift by phone, or pay for person-to-person sales without cash or a check. The service is currently available to employees only for a limited trial release and is not available through all mobile operators.

The Text to Buy message next to an item in a magazine, newspaper, on TV, billboards, posters, websites or at an event means it can be purchased securely via a text message. The purchaser texts the item code to the number shown, then ges a call back to confirm the order and the item is shipped.

To activate a cell phone for PayPal Mobile you need to first sign up for a PayPal account. Next select the phone number to activate and a return call will confirm the number and then the phone is enabled to send money and make purchases.

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