|By Bob Gourley||
|August 9, 2013 07:08 PM EDT||
We always see Pay Pal at the bottom of most online payment transactions. But we have yet to see this useful payment alternative in everyday life, until now. Currently Pay Pal is testing their direct payment mobile application in the UK. At this time there are 12 different merchants set up to accept Pay Pal payments, and with all the positive feedback many more are expected to follow.
This new trial recently kicked off in the London borough Richmond upon Thames. Users with the Pay Pal app for iOS, Android, or Windows can view near by participating merchants, which are highlighted on their device. Once at a participating store, the user can then ‘check in’ to the store by simply clicking on it’s name. When it comes time to check out, the user simply drags an animated pin down the screen. The cashier then is prompted with the name and picture of the customer, at which point he or she can send the payment through.
Merchants have said that using Pay Pal is efficient and great for business, which is great news for a struggling economy. Pay Pal expects that there will be up to 2,000 merchants able to accept Pay Pal by the end of 2013, and by 2016 it will be a common occurrence.
Personally I think that adopting this method of payment is the future of purchases. This payment movement made me think of my friend who owns a small restaurant. It has happened on multiple occasions, but some pranksters have called and placed multiple orders of over $100 worth of food and never came to pick it up. If this Pay Pal payment method is a success, then restaurant owners could process payments for pick up orders prior to the time of pick up. This would then prevent prankers from costing restaurants hundreds of dollars on wasted food.
Hopefully this new Pay Pal option will catch on, and the famous excuse, ‘Oh, I left my wallet in the car’ won’t be exploited any more.
To read more about Pay Pal mobile, click here.