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PayPal seals digital wallet service

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PayPal is believed to introduce a plug-in gizmo that will let small businesses accept credit card payments using smartphones.

 

Sam Shrauger, Global Product & Experience VP said, "We've re-designed and re-architected the PayPal digital wallet. Money is all really digital now, waiting to be moved between two servers somewhere. Organizing our money should be much easier than it is. Along with overhauling the user interface at PayPal wallet Web pages the eBay-owned service added in "new forms of value" including coupons, gift cards and loyalty program credits."