LG Smart TVs Get PayPal Debut

LG Smart TVs Get PayPal DebutPayPal has been around a whole lot longer compared to smart TVs, but this does not mean that the old guard and the new cannot work together, as LG has demonstrated recently. In fact, LG Electronics is proud to be the first company in the world to offer the convenience of PayPal right on its Smart TV platform, where this capability will be made available on 2013 models of LG Smart TVs that are sold in the US, Canada and the United Kingdom. Apart from that, this particular PayPal feature will also make its way to LG Smart TVs that will be sold in France, Germany, Spain, Italy and Australia from this month onwards, and other markets are set to follow not too long after.

Another avenue for you to spend your money is definitely welcome, although those who find it difficult to rein in their monthly spending might see this as a curse. I suppose those advertisements shown will now come with the ability for you to make a purchase on the spot from your PayPal account without having to go through the usual phone calling method. When it comes to security, fret not, you are able to authenticate your identity and make the desired purchase by entering the right digits using a traditional remote or LG’s Magic Remote. [Press Release]

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LG adds PayPal to its smart TV platform for faster app purchases

LG adds PayPal to its smart TV platform for faster app purchases

Looking to jumpstart interest in its in-house ecosystem, LG is adding PayPal as a software purchasing option for its latest line of smart TVs, making it the first manufacturer to natively use the service. Available now in the US, Canada and UK, this new addition will let you use either a traditional or Magic remote to navigate an onscreen keyboard when buying apps, games or $50 worth of 3D Disney movie rentals. The real potential time saver here is the addition of an optional “remember me” feature which lets users store their PayPal account information for faster purchases. Look for the service to expand to Australia, France, Germany and Italy sometime this month, with other markets set to follow later.

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Source: PayPal

Coinstar adding PayPal ATM functionality to select kiosks

If you’ve ever had a ton of coins that you need to cash in for dollar bills, you might have used a Coinstar machine at one time or another. They’re about to get a lot more useful because the company just announced that they’re adding PayPal ATM functionality to select machines across the US, starting with Texas, California, and Ohio locations.

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PayPal members will be able to go up to a Coinstar kiosk and deposit money into their PayPal account, or withdrawal money as well. Users will also be able to transfer money to another PayPal account. This is great news, since PayPal is online-only, and it allows users to make transactions if they’re not near a computer or don’t have their phone on them.

Of course, though, Coinstar will charge PayPal users fees for using its services, just like any ATM would. Coinstar’s standard coin-counting fee of 9.8% will apply when adding coins to a PayPal account. When deposting or withdrawing paper money, a $3 fee applies for transactions up to $300, and a $6 fee applies for transactions over $300.

Customers will also be limited to adding up to $500 per month. As of right now, PayPal functionality at Coinstar kiosks has begun rolling out several locations across California, Texas, and Ohio, with more locations to be added throughout the year. As for a complete rollout to all Coinstar kiosks, it’s not yet said if that will happen or not, but it seems the company has seen a positive response so far with the few locations they already have available.


Coinstar adding PayPal ATM functionality to select kiosks is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Coinstar Allows Customers To Deposit, Withdraw From PayPal

Coinstar Allows Customers To Deposit, Withdraw From PayPal

Coinstar has been helping loose-change finders make sense of their cents by lugging a laundry bag full of nickels down to their local grocery store in order to bypass the mind-numbing work of counting your loose change. Up until now, Coinstar was able to deliver cash or a number of gift cards in exchange for your change, but today, the company is announcing PayPal transactions will now be possible from Coinstar machines.

There are three ways for you to interact with your PayPal account at a Coinstar machine. You can add coins or paper currency in order to have the amount deposited into your PayPal account, withdraw cash from your PayPal account or send funds to another PayPal user’s account. Customers depositing money into their PayPal account will only be allowed to deposit up to $500 each calendar month. You should also probably know Coinstar’s standard 9.8% coin-counting fee applies for coins added to your PayPal account. (more…)

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We’re This Much Closer to Replacing Our Wallets With Phones

It sounds boring, but one of the most important frontiers in technology right now is how mobile can make paying for stuff easier. And while this year’s Mobile World Congress might have been a little lacking in four-star hardware, there were some serious steps taken towards replacing your wallet with your smartphone. More »

PayPal Here coming to the UK with a chip reader to match (video)

PayPal Here coming to the UK with a chip reader to match video

US-born mobile payment methods like PayPal Here and Square haven’t had much traction in Europe, due in no small part to the continent’s frequent reliance on chip-and-PIN credit cards over North America’s (slowly outgoing) magnetic stripes. PayPal is getting around that technical barrier through the most direct method possible — replacing the reader altogether. PayPal Here’s UK deployment swaps out the triangular US reader for a considerably bulkier Bluetooth peripheral that takes the newer payment method. Other elements will be familiar to anyone who’s used Here on an Android or iOS device in another country, minus the obligatory changes in currency. PayPal is partnering with a handful of UK businesses before launching Here on a wider scale in the summer — not soon enough for some, but it might save a few Brits from scrounging through their wallets just to buy some ice cream.

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Via: TechCrunch

Source: PayPal

FIDO Alliance and DARPA working to replace passwords

Regular alphanumeric style passcodes are not the only method of online security these days, however it is by far the most common. We have seen some other methods in use such as two-factor authentication with RSA SecurID and even with Google and their 2-step verification process. On the flip side of those, we have even seen some slightly more unique options talked about such as using eye movements. Coming to the present day though, and we have talk of replacing passwords coming from two groups.

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These groups include the FIDO Alliance and the Defense Advanced Research Project Agency (DARPA). The FIDO Alliance has been formed with Lenovo and PayPal as well as Nok Nok Labs, Agnito and Validity. DARPA on the other hand is the research and development arm of the Defense Department. Regardless of where these two groups are coming from or who they are made up of, they are looking to do something different with the standard password method of security.

DARPA is working on the Active Authentication program which is currently described as being in its second phase. In this phase they are said to be looking for research that “sets out to establish behavioral biometrics based on discernible cognitive processes and the observable ways that users naturally interact with their environment while using their computing devices.” More to the point here, research that will allow them to develop a solution that uses multiple points including physical aspects such as fingerprints, how you interact with technology such as a keystroke pattern or mouse movement and even data to include how you use language and how you construct sentences.

Looking at the FIDO Alliance and we see where things may come into play for the more average user. Things appear to still be shaping up here though. In fact, it was said that as the FIDO Alliance attracts new member-organizations they will include new solutions. Some of the ideas mentioned at this point include USB tokens, one time passwords and the use of Near Field Communications (NFC). With that, while it seems like we still have some time before we can stop worrying about regular passwords, it is nice to see these issues being discussed and worked on.

[via The Verge]


FIDO Alliance and DARPA working to replace passwords is written by Robert Nelson & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

PayPal shows off preview of new upcoming site design

PayPal has had the same design for quite some time, and it is, shall we say, a tad dated. That will be coming to an end in the relatively near future, with the company rolling out a preview of its updated design, complete with information about the layout and how it will benefit users. Check out its features and some screenshots after the jump.

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The updated design, which you can see in the image above, is very Web 2.0-ish, with a streamlined, easier to digest interface that categorizes things in a logical, simple way. Bits of information are displayed in their own sections right on the main account screen, including notifications, recent activity, and balance.

Unlike the current design, which requires hunting through tabs and menus, the new design features drop-menus with relevant items, such as coupons, banking information and cards, and credit. The three main functions – Account Summary, Activity, and Settings – are located as tabs in the upper menu, which toggles the screen between the three categories.

Performing the most common tasks done on PayPal is also streamlined in the new layout via shortcuts on the right-hand side of the account screen. Shortcuts are available for requesting money, sending money, adding money, and withdrawing money. There’s no mention of when the new design will go into effect, but the curious can check it out here.

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[via PayPal]


PayPal shows off preview of new upcoming site design is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

PayPal offers preview of much-needed site redesign, finally enters Web 2.0

PayPal offers preview of much needed site redesign

While PayPal‘s recently revamped homepage looks fresh and modern, the actual account interface is still mired in the past, seemingly unchanged since the early aughts when the company first hit it big alongside Ugg boots and American Idol. As the online payment giant seeks to reinvent itself however, it’s finally bringing the site design into the future. PayPal has offered a sneak peek at the new look, and it’s certainly more in line with current design tropes, with a cleaner and clearer aesthetic and improved navigation to boot. The refreshed design also hints at the company’s upcoming retail efforts like in-store checkouts and purchasing grace periods where you can buy the item at the store, bring it home and then decide where the funds should come from. We’re still not sure when the redesign will roll out, but we’re guessing it’ll be around when those Discover Network cards come into play. For more screenshots of the new PayPal, take the design tour at the source.

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Via: The Next Web

Source: PayPal

PayPal Outage Cause For Concern

paypal uk down PayPal Outage Cause For ConcernIf you are a frequent user of PayPal, did you notice whether the online payment system did suffer from its fair share of glitches and outage today? I know that I just performed a transaction earlier this morning without any issues, and perhaps I was lucky, but there were a fair number of users who reported running into a brick wall with PayPal, and the company themselves did the right thing by acknowledging such issues on Twitter.

The UK Twitter feed of Paypal mentioned, “We’ve been made aware of site issues today & are working to get this resolved. Apologies for any inconvenience. Will update asap. Tks, MW”. Other than an outage, PayPal users did also send in their fair share of grouses concerning delays in payment processing and transactions, resulting in some users actually performing multiple payments for the same item – a nightmare for those who are averse to performing online transactions. Well, I am quite sure that things will work out eventually in the end, and hopefully all will be fine and dandy with PayPal.

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