{"id":6596,"date":"2014-05-26T22:03:10","date_gmt":"2014-05-26T22:03:10","guid":{"rendered":"http:\/\/www.mobiadnews.com\/?p=6596"},"modified":"2014-05-30T11:58:42","modified_gmt":"2014-05-30T11:58:42","slug":"pay-with-your-smart-watch","status":"publish","type":"post","link":"http:\/\/www.mobiadnews.com\/?p=6596","title":{"rendered":"Buy a coffee with your Smart Watch!"},"content":{"rendered":"
Mobile commerce is all about making things easier and more convenient for customers. <\/p>\n
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Payment is often seen as a difficult step in commerce, so in recent years a lot of effort has been going into finding new and better ways to allow customers to pay.<\/p>\n
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Now PayPal<\/strong> and Starbucks<\/strong> are piloting a new payment scheme that may be the easiest ever, and it is based around the new Gear 2<\/strong> smartwatch from Samsung<\/strong>. The transaction is very simple from the customer’s perspective, and consists of the following steps:<\/p>\n \n \n \n \n Notice that this transaction did not require a wallet, a card, any cash, or even the need to remove a mobile phone from your pocket. And there is added security because the barista sees an image of the person that is authorized to use that specific device for payment.<\/p>\n The pilot is taking place within the Starbucks store on the PayPal campus in San Jose, California, so clearly it is a very pilot-friendly location. However, it is good to see companies trying out new approaches to payments. <\/p>\n PayPal has not indicated any time frame when this might be rolled out to the world in general, but PayPal senior PR manager Kathy Chui<\/strong> has said that \u201coverall, PayPal employees that have used Beacon and\/or Samsung Gear 2 smartwatch have loved their experience and are excited for the larger rollout.”<\/p>\n","protected":false},"excerpt":{"rendered":" Mobile commerce is all about making things easier and more convenient for customers. Payment is often seen as a difficult step in commerce, so in recent years a lot of effort has been going into finding new and better ways to allow customers to pay. Now PayPal and Starbucks are piloting a new payment scheme […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[16,5,33,3,24,7],"tags":[195,241],"_links":{"self":[{"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=\/wp\/v2\/posts\/6596"}],"collection":[{"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6596"}],"version-history":[{"count":18,"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=\/wp\/v2\/posts\/6596\/revisions"}],"predecessor-version":[{"id":6619,"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=\/wp\/v2\/posts\/6596\/revisions\/6619"}],"wp:attachment":[{"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6596"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.mobiadnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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