Day: April 14, 2014

If Facebook becomes like PayPal these will be the two big winners

See on Scoop.it – Money & Payments Facebook is “only weeks away” from getting regulatory approval to become a payment and remittance processor, reports the Financial Times (paywall). Once the central bank of Ireland—where Facebook’s non-US business is registered and headquartered—approves Facebook as “electronic money institution,” its users will be able to send money to each other, or …

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PayPal releases mobile payment app for the Samsung Galaxy S5 fingerprint reader

See on Scoop.it – Money & Payments Now that Samsung’s Galaxy S5 is available, it’s time to make use of the integrated fingerprint scanner. PayPal is doing just that, releasing its app made specifically for biometric authentication. Faisal Khan‘s insight: PayPal extending this out to the Android platform will have massive traction and positive implications. …

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