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PayPal adds credit card scanning with Android app overhaul

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PayPal released an updated version of its Android payment application highlighted by a revamped user interface as well as new features including credit and debit card scanning.

PayPal for Android 4.0, available for download from the Google (NASDAQ:GOOG) Play storefront, brings the app in line with the Android operating system's new Holo UI guidelines, implemented by Google to ensure a more a consistent user experience across the platform. The PayPal redesign brings a new layout enabling users to more quickly access account information, including a start page spotlighting available balances and pending transactions--users may also add funding sources to their account by scanning a credit or debit card with their Android device camera. Also new: A local business search tool.

eBay-owned PayPal expects to handle $10 billion in mobile payment transactions in 2012, an increase of 150 percent over a year ago. In addition to its smartphone applications, the company is currently conducting mobile wallet trials across American retail chains including Home Depot, Abercrombie & Fitch, American Eagle Outfitters, JCPenney, Foot Locker, Office Depot and Toys "R" Us; beginning in 2013, Discover will enable all 7 million existing merchant partners across the U.S. to accept PayPal wallet transactions.

PayPal's mobile commerce initiatives also include PayPal Here, introduced in March, which enables small businesses and other users to process credit and debit transactions by swiping the card through a small, triangle-shaped dongle that attaches to their smartphone or tablet. Users also can access their mobile device's camera to scan and process cards and checks. More than 300,000 merchants in the U.S. and Hong Kong have signed up for PayPal Here.

On Thursday, PayPal announced it is partnering with cloud-based point-of-sale technology provider ShopKeep to enable Telluride Film Festival attendees to check in at festival venues and purchase concession items via iOS and Android apps. "At checkout, the customer's name and photo will appear on the ShopKeep POS iPad register where the cashier finalizes the transaction," said PayPal Vice President of Global Product Hill Ferguson. "Once the transaction is complete, the customer is automatically checked out and emailed a receipt of the transaction. No change, no juggling your drinks and popcorn while you fumble to pay."

For more:
- read this Android Authority article
- read this PayPal Blog entry

Related articles:
PayPal, Discover team to bring mobile wallet to millions of stores
Report: McDonald's trialing PayPal mobile wallet services
PayPal on pace to process $10B in mobile payments in 2012
Survey: Demand for PayPal mobile wallet trumps Google, Apple
PayPal expands mobile wallet to 15 new national retailers
PayPal Here merchant signups eclipse 200K in first month

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