PayPal rebooting the mobile wallet

Re-imagining mobile wallet

PayPal Australia has launched the next iteration of the PayPal mobile application, refreshed with enhanced digital wallet functionality to make it easier than ever to pay in-store and send money to friends via mobile. The redesigned application includes several time saving functions which PayPal’s five million active Australian account holders can take advantage of, such as “ordering ahead” for you morning coffee or getting home delivery from over 2,000 restaurants nationwide.

Since launching its digital wallet more than 15 years ago, PayPal has continued to develop flexible solutions to reduce payment friction, enabling consumers to shop and pay securely with a few easy clicks on any device and from any funding source including credit card and bank account.

“PayPal is investing in technology that simplifies the lives of our customers by addressing real customer pain points, giving them the flexibility to pay how they want, when they want,” said Andrew Rechtman, Director of Strategy for PayPal Australia.

“Australian consumers are increasingly relying on their smartphone for everyday purchases, with more than 1 in 4 PayPal transactions now taking place on a mobile device. In order to really take off, we believe that the digital wallet must offer more than just another way to pay. PayPal is driving innovation that brings benefit to the consumer, which is what our refreshed mobile application will enable.”

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