PayPal Will Launch A Payment Service For Google Android

paypal

According to rumors it seem that PayPal business is in talks to add its payment service to Google Inc.’s Android smartphone software. It is a great way to making it easier for users to pay for applications.

While Android phones are beginning to outsell the iPhone, so by adding PayPal, Google would give app developers another way to get paid, potentially making them more likely to create software for Android.

While PayPal added 1 million new accounts each month last quarter and they rose 22 percent to $817 million in the period, Android has become the most popular smartphone software in the U.S., overtaking the iPhone and BlackBerry.

“It’s clear that PayPal has been making huge strides in mobile,” said Maribel Lopez, founder of San Francisco-based Lopez Research, which tracks the mobile industry. “From Google’s perspective, they just haven’t won the war on this. Why bother fighting it?”

Source: www.bloomberg.com

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