PayPal so as to add mobile payment features, hopes to redefine how we shop (till we drop)

Just like the side ponytail craze of the ’80s, the latest trend is popping out to be the mobile wallet — especially as major players like Google , MasterCard, Verizon, Discover and now PayPal board the bandwagon. Our old buddy — best known for its love affair with eBay (and ripping our own Darren Murph off an effective two large) — has plans to implement new payment features primarily for (but not limited to) mobile. At the to-do list are such things as QR / barcode scans, hyper local deals, fast checkout via NFC, etc. The corporate is adamant that it isn’t “just shoving a mastercard on a phone ,” but rather planning to switch the entire shopping experience. We’ll know more when PayPal releases more details in early October, and when it launches the pilot product sometime later this year. Until then, take a look at the semi-cryptic video while brushing up on old episodes of SuperMarket Sweep after the break.

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This post is tagged: bandwagon, credit card, love-affair, shopping experience, supermarket sweep