PayPal launches mobile payments

As part of the payment system PayPal will be deployed mobile payment service. The exact timing is not reported, but, according to the sources of the Wall Street Journal, the landmark event will take place no later than a year later.

As part of the service, eBay auction customers, owning PayPal, will be able to make purchases using mobile phones or PDAs. All this happens under conditions of, frankly, low demand for mobile services, but the company does not lose hope and will try to stir up this market.

via CNet