PayPal hand in hand Tabbedout continue to exploit mobile payment market

America's mobile payment market, in addition to mobile payment the upstart Square, operators alliance Isis, the Internet giant Google, and a serious payment on the Internet giant Paypal. And Tabbedout is America's a mobile payment venture company, the phone can be used to make people pay their bills on mobile phones.

Recently Paypal and Tabbedout hand in hand, Tabbedout now have in addition to its credit card and debit card two kind of payment besides, new Paypal options. In use PayPal options before payment, users still need to use the bind Tabbedout account credit card or debit card open a bill, set only after the input PayPal account and password can payment leave.
From the video demo to see, the payment process is quite fast and convenient, the only need a smartphone to complete. NFC? Don't need.

At present Tabbedout only focus on restaurant and bar in the mobile payment services, and so far the United States has 400 restaurants and bars Tabbedout support. Although 400 home is really a small number, but Tabbedout claimed that they do a lot of the work and the United States after eight POS system integration, have compatible 70% of pay equipment.

Hand in hand with the Tabbedout to PayPal is vital, the founder of the Tabbedout Rick Orr says:

And the integration of PayPal is your best strong demand. Rely on the brand PayPal, we hope to be able to expand our business scope support.

The past two years we've been in for integration and efforts, this is never the model. Can the 106 million users and PayPal online security payment system to the line down, we are very excited.

And for PayPal for, this time also shows the cooperation online payment giant to line penetration mode.

And Square the radicalism of the different ways, PayPal and not going to go to replace now POS system, on the contrary, it is working to PayPal and POS system integration. And the mobile payment scheme with NFC, compared the PayPal mode don't need hardware large areas of the update, and need with the current POS systems software integration. So PayPal has been seeking and POS terminal manufacturers and software developers support, trying to let PayPal online pay users smoothly transition to offline mobile payment.

It is such a penetration mode contributed to PayPal and Tabbedout cooperation, because Tabbedout doing and PayPal's development is in line. PayPal's Scott Dunlap evaluation:

We appreciate Tabbedout in POS system integration have had in the making of, and Tabbedout cooperation can let us not to do the work of repetition.

Tabbedout system for consumers and businesses of seamless can quickly adapt to.

To the cooperation, the GigaOM Ryan Kim even think that PayPal should purchase Tabbedout:

I want to buy Tabbedout PayPal should it be, then it set up around the bar and restaurant PayPal network, Tabbedout can integrate into the application of PayPal.

This step to PayPal it is very reasonable. If PayPal can with existing POS system integration depth, so it can be a everyone is happy to go to use electronic purse.

As you can see, the market is still in the mobile payment of constant open-up. In domestic, whether operators (China mobile) or the Internet giant (alibaba's pay treasure), have not successful promotion satisfactory solution.

This in addition to technical problems, but also against domestic consumption concept has a certain relationship. Perhaps, even now have a mature mobile payment scheme, people still more used to trust wallet that crumpled notes and wear of debit card (not credit card).

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