July 11th, 2007, 19:40 PM
PayPal Formally Moves into Mobile Payments
The bandwidth, input and software limits of smart phones makes even the most basic mobile purchases difficult. PayPal's market entry is a quintessential "more is less" strategy.
As smart phone market share rises, the temptation for e-tailers to push mobile purchases is irresistible. But typing in street addresses and credit card numbers is hardly pleasant on a handheld.
eBay's PayPal unit ...