PayPal wants to us to celebrate the notion of “New Money,” whereby technology reimagines how we can safely and affordably manage, move, and spend our cash. At this year’s Mobile World Congress, the digital payment processor has revealed new carrier partnerships and market expansions for its products, all aimed at giving us more choices.
Starting today, PayPal has teamed up with select carriers to integrate the payment platform into the telecom providers’ phones, beginning with parts of Europe and Latin America. PayPal also announced that it has begun supporting near field communications (NFC), available to those using Vodafone in Spain today.