PayPal partners with Ingenico as alternative to NFC - Mobile World Live

PayPal partners with Ingenico as alternative to NFC

16 JAN 2012

PayPal has reached an agreement with POS terminal supplier Ingenico. According to GigaOm Pro, the agreement will mean Ingenico terminals will in the future handle PayPal transactions either via the payment provider’s cards or by users entering their mobile phone number and PIN in the terminals. Both methods are alternatives to using NFC-based payments. Ingenico currently has 15 million POS terminals in use globally of which 2 million are in the US.

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Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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