PayPal Goes Mobile 103
Stitch_Surfs writes "PayPal has gone mobile. MobileCrunch breaks the news (with images) of PayPal's (un) surprising move onto mobile phones. According to the site, money can be sent,received and goods purchased all via PayPal from your mobile phone."
PayPal already has a mobile (WAP) interface... (Score:5, Informative)
http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/mo
Are you freakin' kidding me? (Score:5, Informative)
Re:Mobile sounds well and good, but.. (Score:4, Informative)
Re:Not surprising (Score:3, Informative)
No. X.com was a banking service that was later merged with Paypal. Paypal existed for processing payments before X.com was absorbed. I know this because I had accounts with both, and after X.com was taken over, they killed off the checking services.
I was rather pissed that Paypal dropped the beamable cash idea (I chose not to pursue the same line of business for my startup at the time because they already had one up and running), so I'm glad they're finally putting those patents to use.
Direct Linkage (Score:4, Informative)
Re:Mobile sounds well and good, but.. (Score:3, Informative)
Technically, no..
Mobile to Mobile - shows the phone number "MIN" of the original sender
SNPP and Email to SMS - shows the same MIN as destination. IE. it appears to be from myself
Which basically leaves only a few options left, but this Paypal thing I presume is being done via SMPP, which means it will be assigned to a short code. Only privaleged accounts can spoof short codes, as in, you must authenticate to the SMSC server beforehand. Which usually means, firewall access + an account.
Phishing should be much more difficult.