NFC Times Exclusive Insight – PayPal is trialing NFC mobile payments, CEO-designee Dan Schulman said during eBay’s first quarter earnings call, but the company continues to be cautious about embracing NFC.
Schulman did not disclose further details of the trials, and PayPal has not yet made any announcements about them. But when an investor or analyst asked whether NFC and contactless had enough market penetration, both at point of sale terminals and on handsets, for PayPal to deploy the technology for mobile payments, Schulman replied in the affirmative.
“I feel like NFC is embedded enough to go after; we are obviously doing trials around NFC ourselves at this point,” he said.