PayPal could challenge Apple Wallet in the EU

Quick Summary:

An offline solution, in this case, likely refers to the plan to offer NFC-based transactions through a PayPal mobile app.

Reached for comment, PayPal declined to say more about its plans to develop an NFC wallet, like when it would launch or how it would work, pointing only to its recent earnings statements as guidance.

In the prior quarter, he had more directly stated that the NFC changes would make it “very easy” for PayPal to “provide a wallet in an Android or iPhone operating system.

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Article Details

Author / Journalist: Sarah Perez

Category: Technology

Markets: United StatesPakistanSaudi Arabia

Topics: NFC Fintech Apple Apple wallet PayPal

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 18:02:09 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1125 words

Reading Time: 7 minutes read

Sentences: 45 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22183089

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