Mobile Wallets Race: Samsung Pay Debuts; PayPal Deals

By | March 2, 2015

Scalper1 News

Samsung took the wraps off its new mobile payment system at Mobile World Congress in Barcelona, while eBay’s (EBAY) PayPal said it would acquire startup Paydiant, whose digital wallet technology is being used by major retailers. PayPal, which eBay plans to spin off, will reportedly pay about $280 million for Wellesley, Mass.-based Paydiant. Mobile payments is a crowded space, with Apple (AAPL), PayPal and Google (GOOGL) among those aiming to win. Scalper1 News

Scalper1 News