Jose_R.A.M
03-26-2006, 02:22 PM
Michael Oryl edit: of MobileBurn (http://www.mobileburn.com/) tests out SMS based Payment service
Yesterday PayPal did a soft launch of their new PayPal Mobile service. The new system allows a PayPal user with an activated mobile phone (http://www.mobileburn.com/review.jsp?Id=2215&source=HOME#) to send money to another mobile phone or email address. The system is SMS based; you send a payment by sending a text message (http://www.mobileburn.com/review.jsp?Id=2215&source=HOME#) to 729725 ("PAYPAL") and use commands to tell the system how much, and to whom you wish to send the money. Currently the system only works with mobile phones in the US, Canada, and the UK. PayPal plans to add more countries in the future.
In order to activate a phone on your existing PayPal account, first login normally to PayPal. Then click on the Profile tab and then on the Phone link under Account Information. You will then be prompted to choose a phone number and to select a PIN to be used during the activation process. PayPal will then call your phone and prompt you for that PIN using an automated voice system. The entire process takes only a couple of minutes.
I ran a test with Jon Gales of MobileTracker.net (http://www.mobileburn.com/g.jsp?d=http://www.mobiletracker.net/) where Jon sent me US$.75 using the system and I sent him US$1.06 in return (the $.31 difference being Jon's tip for a job well done). The text message I sent to 729759 was "send 1.06 to 12155551212" (not really Jon's number). PayPal's automated system then called me to ask for my PIN code so that the payment could be released. Jon received a text message at that point, as I received a similar text message when he sent the initial payment a few minutes earlier.....CONTINUE THE STORY HERE (http://www.mobileburn.com/review.jsp?Id=2215&source=HOME)
Sounds good! Better than the other option of paypal mobile (visiting the website via your wap=enabled phone) which can be mucho expensive if you aren't on some unlimited surfing plan of some sort.
I did think that it was about being able to fund PAYPAL acounts with our phone credit (Quite a lot has been accumulating on one of my sims) but this seems like a step in the right direction of mobile-payment that I was looking for a few months ago that replicated something I experienced in the Philippines called PASSALOAD - where credid is easily passed from one user to another via text, and apparently that can be used as phone credit or deposited onto a bank account.
I hope this will become available in the UK. Haha, O2 and their eBay on the move adverts would really welcome this.
Yesterday PayPal did a soft launch of their new PayPal Mobile service. The new system allows a PayPal user with an activated mobile phone (http://www.mobileburn.com/review.jsp?Id=2215&source=HOME#) to send money to another mobile phone or email address. The system is SMS based; you send a payment by sending a text message (http://www.mobileburn.com/review.jsp?Id=2215&source=HOME#) to 729725 ("PAYPAL") and use commands to tell the system how much, and to whom you wish to send the money. Currently the system only works with mobile phones in the US, Canada, and the UK. PayPal plans to add more countries in the future.
In order to activate a phone on your existing PayPal account, first login normally to PayPal. Then click on the Profile tab and then on the Phone link under Account Information. You will then be prompted to choose a phone number and to select a PIN to be used during the activation process. PayPal will then call your phone and prompt you for that PIN using an automated voice system. The entire process takes only a couple of minutes.
I ran a test with Jon Gales of MobileTracker.net (http://www.mobileburn.com/g.jsp?d=http://www.mobiletracker.net/) where Jon sent me US$.75 using the system and I sent him US$1.06 in return (the $.31 difference being Jon's tip for a job well done). The text message I sent to 729759 was "send 1.06 to 12155551212" (not really Jon's number). PayPal's automated system then called me to ask for my PIN code so that the payment could be released. Jon received a text message at that point, as I received a similar text message when he sent the initial payment a few minutes earlier.....CONTINUE THE STORY HERE (http://www.mobileburn.com/review.jsp?Id=2215&source=HOME)
Sounds good! Better than the other option of paypal mobile (visiting the website via your wap=enabled phone) which can be mucho expensive if you aren't on some unlimited surfing plan of some sort.
I did think that it was about being able to fund PAYPAL acounts with our phone credit (Quite a lot has been accumulating on one of my sims) but this seems like a step in the right direction of mobile-payment that I was looking for a few months ago that replicated something I experienced in the Philippines called PASSALOAD - where credid is easily passed from one user to another via text, and apparently that can be used as phone credit or deposited onto a bank account.
I hope this will become available in the UK. Haha, O2 and their eBay on the move adverts would really welcome this.