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Friday, April 07, 2006

PayPal to Accept Text Message Payments

There are quite a few of us that use PayPal to get paid by our affiliate and advertising programs. Some use the service to process payments from customers.

Now, PayPal is accepting Text Message payments from cell phones for companies such as MTV, the NBA, and Fox's Home Entertainment.

"With the overwhelming popularity of mobile phones, the time has never been better for the merging of e-commerce and wireless devices" said PayPal President Jeff Jordan.

Users in the United States and Canada can instantly send money by sending text messages using the PayPal mobile service. Customers will have to log into a participating Website (Blog) to register their Cell Phone number and receive an ID # for individual orders.

When PayPal receives the order, the customer is called on the corresponding cell phone for confirmation. Once confirmed, the payment is processed to the seller.

I am not sure if this option is open to everyone yet, but when you sign into your PayPal account, the promotion is all over the place. So, if you are interested, log into your PayPal account to get additional information.

Associated Press

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