A great in-depth look at the new mobile payments system by Paypal.
PayPal using the geo fencing technology to allow users of the PayPal wallet to pay just by being close to the checkout line. The feature they call “Local” may sound rather familiar, this is because in many ways this is a clone of Square’s revolutionary CardCase system. I have seen PayPal’s system in use and can say that it is a rather diffent experience then the user experience one has with Square’s Card Case.
Dress it up how you want, but it’s Square rebranded as a triangle by a company who’s falling from grace (in terms of public opinion) very fast.
The one huge benefit to this launch is that perhaps Square will move faster with going global.