VeriFone partners with PayPal for Mobile Payments

VeriFone will be the first device manufacturer to collaborate with PayPal to offer merchants the ability to take credit card and PayPal payments anywhere using its PAYWare mobile merchant app. The new service will also let customers “bump to pay” using functionality from Bump Technologies built into the PayPal app and the PAYWare app. This will allow the millions of PayPal merchants who have both an online and offline presence to accept payments wherever they happen to be.

PayPal has also teamed up with Appcelerator, the leading platform for mobile, desktop and iPad applications, to make it easy for PayPal’s 8 million merchants to create mobile commerce apps. Appcelerator allows merchants to build apps on all three major mobile platforms (iOS, Android and BlackBerry) from one Web code base. PayPal and Appcelerator expect to launch the joint mobile commerce offering in 2011.