PayPal, Vodafone partner to enable contactless payments in Europe
PayPal has entered into a partnership with Vodafone to enable its customers in Europe to make contactless payments.
PayPal has entered into a partnership with Vodafone to enable its customers in Europe to make contactless payments through their PayPal accounts using Android smartphones.
The deal will enable Paypal users to link their accounts to Vodafone Wallet to pay for goods and services at the point-of-sale (POS) using their phones integrated with Vodafone NFC SIM.
The solution, which has been developed in collaboration with Raphaels Bank and Carta Worldwide, will allow users to check details of their transactions in the Vodafone Wallet app and also in PayPal’s mobile app and website.
Currently, the Vodafone Wallet is available in Germany, Spain, the UK, Italy and The Netherlands.
Vodafone Wallet users can now make contactless using Visa and MasterCard payment cards, or by using a prepaid card loaded with cash in advance.
Vodafone Group group director of consumer services Stefano Parisse said: “We are excited to allow millions of PayPal customers to make payments at the physical point-of-sale using their Vodafone Wallet, which provides highly secure mobile payments.
“Vodafone customers will now enjoy the ability to use PayPal to fund payments made using the Vodafone Wallet, which is the industry’s most comprehensive solution for offline and online payments.”
PayPal (Europe) CEO Rupert Keeley said: “Our partnership with Vodafone will enable millions of our customers in Europe to make contactless payments for the first time in their favourite high street stores using their mobile phones.”