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PayPal intros payment by QR code
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The following comments relate to this news article:

PayPal intros payment by QR code

article published on 10 October, 2013

PayPal is to introduce a new feature that enables customers to pay for goods and services using a QR code or a PIN. It works by using your smartphone with the PayPal app which allows you to enter a PIN or shows a QR code that a merchant can scan. For the consumer, the benefits beyond the payment convenience include the ability to automatically redeem any special offers, gift cards, ... [ read the full article ]

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Posted Message
A5J4DX
Senior Member
_ 		10. October 2013 @ 15:19 _ Link to this message    Send private message to this user   
cool
[ + quote]
pmshah
Member
_ 		15. October 2013 @ 13:39 _ Link to this message    Send private message to this user   
Recently the reserve bank of India - equivalent to Federal Reserve - directed all the credit card issuers to andd a security feature that requires a six digit code to be punched in at the card swiping terminal. So even if the card is stolen/lost using it would be next to impossible.

Would this PayPal app on smartphone have a similar feature to prevent misuse in the event of theft/loss of the phone?
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