PayPal Expands Mobile Payments; Pushes Into The Sale Of Digital Goods

Intro: PayPal said today it is launching a new digital goods payment platform that will make paying for games, news, music and other media much easier; and announced many new partnerships, including one with Facebook. Additionally, it is relaunching its mobile offerings to reduce the number of clicks it takes to buy something on the phone.

My Take: Big moves will occur in payment methods (related to Log In or Credentials in DiCoDE and also to user currencies/money) and the role of the bank is still at stakes between traditional financial players, carriers and pure (internet) players


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