PayPal to consolidate the city launched pay after IBuySpy service

Today, PayPal officially released the pay after IBuySpy service, the service allows users to place a single after 14 days before the actual payment, however, in order not to affect the merchant's capital turnover time is long, the payment will be promptly hit the merchant account, This means that PayPal actually provides users with a 2-week loan in the process. It hopes that online, offline to users can also be assured to purchase. The company also wants to bring the service to the world, PayPal in the Global 203 market has 157 million users.

PayPal also with Burger King, GoDaddy, Authorize.Net and CyberSource and other companies to establish a partnership, the most prominent of the small partner is Burger King, then the user will be able to shop before the order orders, Pick up the meal directly through the generated one-time serial number on PayPal on the check on the OK. The reason for this experience is the collaboration with app developer Tillster, Tillster is the developer of Burger King application.

Several other small partners also mention that GoDaddy for small and medium-sized enterprises to provide solutions to the solution Services, PayPal will be the payment function embedded in. Visa companies CYBERSOURC and Authorize.Net also integrated PayPal payment services.

PayPal's competitive environment is becoming more and more intense, especially next year it will be separated from ebay, and PayPal has always been online under no advantage, because the credit card has been very useful, if Apple Pay fingerprint payment, PayPal will face greater pressure, It was also expelled from Apple Pay for hooking up with Samsung.