PayPal: The Future of Shopping & Money

Fri, Sep 16, 2011
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PayPal has just released a hype video depicting what the future of shopping might look like with the introduction of PayPal’s next generation payment platforms, as they aim to re-imagine money.

It includes everything from person to person “bump” payments and transfers, location based offers that instantly transfer real dollars to your PayPal account for use in a certain store, barcode scanning with price referencing, QR code check-out, instant scan to pay from barcodes to skip the cash register line and a full post-checkout money management platform that let’s you choose how to pay, after you’ve actually paid for it.

PayPal’s CEO said it’s about to start rolling this platform out over the next few months, but I feel at least half of it is still futuristic at this point in time, like the in-car payment system. What do you guys think? Is this the future of payment transactions? Will this change the way we shop?

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