Analysis of News relating to the Digital Money Ecosystem

PayPal steps-up P2P challenge with Venmo QR codes - Mobile World Live

08/08/2017 Link to source

PayPal steps-up P2P challenge with Venmo QR codes PayPal added QR code capabilities to its person-to-person (P2P) mobile payments platform Venmo, ahead of Apple's launch of a rival service in a forthcoming iOS upgrade. The addition of a QR code option for social payments is designed to ease ... and more »

Context

	PayPal PayPal is a preferred way to pay online because it is safer and faster. Checkout can be just a few clicks as PayPal takes the payment from the card or bank directly, and payment details are not shared on the internet.
	venmo Venmo offers the Venmo app on iPhone, Android, and Blackberry in the USA, to make payments and transfer money.
	Apple Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its rev
	World Worldwide the payments market remains fragmented with many different payment services and technologies, drivers, business models and value chains.
	venmo Venmo offers the Venmo app on iPhone, Android, and Blackberry in the USA, to make payments and transfer money.
	Paypal (Global) PayPal positions itself as a preferred way to pay online because it is safer and faster. Checkout can be just a few clicks as PayPal takes the payment from the card or bank directly, and payment details are not shared on the internet.
	Apple USA Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its rev
	Apple iCloud Keychain Recently received patent and provided a peek at a likely e-wallet icon for the i-Phone. Currently iTunes Sales $4.1b - plan to launch NFC
	Apple Passbook Wallet Apple recently received a patent for a digital wallet and virtual currency. This would build further on their current use of mobile phones to make purchases at stores and related to iTunes Sales.
	Paypal Payment Code Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	Paypal Access Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	Paypal B2B Payment PayPal allows businesses to accept credit and debit card payments and PayPal payments from around the world.
	PayPal One Touch PayPal announced One Touch for merchants and app developers, from acquisiton Braintree and similar to their Venmo touch product.
	Deutsche Telekom-PayPal Carrier Billing PayPal and Deutsche Telekom entered a direct carrier billing relationship in February 2014 which enables Deutsche Telekom users to make purchases directly to their mobile phone account.
	PayPal Mobile SDK PayPal rolled out its mobile SDK where one simple integration can allow acceptance of both PayPal and credit card payments in an app.
	PayPal Russia Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	PayPal Pte. Ltd - Saudi Arabia Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	PayPal Wallet Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	Venmo Touch UK Venmo Touch is a Braintree & Venmo product. Currently only available to Braintree merchants for use in iOS apps distributed in the USA. It is meant for accepting payments in an iOS app, and claims to allow customers to checkout with one touch.
	Venmo Touch Venmo Touch is a Braintree & Venmo product. Currently only available to Braintree merchants for use in iOS apps distributed in the USA. It is meant for accepting payments in an iOS app, and claims to allow customers to checkout with one touch.
	Venmo USA Three basic functions: Pay, Charge and Trust. Similar to Paypal, allows people to make cash transactions without the hassle of carrying cash. Does not involve mobile carriers. Does not charge fees to load on to account, send and receive money. Will c
	Payments The Payments Topic includes knowledge related to a variety of services such as mobile payments, online payments, bill payments and more.
	Quick Response Code (QR Code) A Quick Response Code, commonly known as a QR Code is a type of matrix barcode or two-dimensional barcode.
	Zong - a service of Paypal Since August 2011, Zong is part of PayPal. Zong is a Mobile Payments provider and is available as a form of payment for Facebook Credits and virtual goods in 42 countries.
	Apple Wallet services Recently received patent and provided a peek at a likely e-wallet icon for the i-Phone. Currently iTunes Sales $4.1b - plan to launch NFC
	PayPal Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	Deutsche Telekom-PayPal Carrier Billing PayPal and Deutsche Telekom entered a direct carrier billing relationship in February 2014 which enables Deutsche Telekom users to make purchases directly to their mobile phone account.
	Venmo Three basic functions: Pay, Charge and Trust. Similar to Paypal, allows people to make cash transactions without the hassle of carrying cash. Does not involve mobile carriers. Does not charge fees to load on to account, send and receive money. Will c

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