TweakTown
Tech content trusted by users in North America and around the world
5,913 Reviews & Articles | 38,091 News Posts

Paypal looking to bring their services to internet connected TVs

See it on TV and pay instantly via Paypal

| HT & Movies News | Posted: Nov 19, 2010 4:52 am

Internet connected TVs are becoming a pretty big deal with all of the services like Netflix and Google TV hitting living rooms worldwide. Paypal is looking to capitalize on this by working with Canoe Ventures, Catalina Marketing, Delivery Agent, FouthWall Media and icueTV to develop a Television commerce (T-commerce) solution for internet connected TVs.

 

TweakTown image news/1/7/17624_002.jpg

 

The premise outlined by Osama Bedler, Paypal's VP of platform for mobile and new ventures, is fairly simple: see it on TV, perform a couple clicks with your remote, and the purchase is done via your Paypal account. This will basically turn Paypal into a digital wallet you can access anywhere you can get internet connectivity. It's a great idea, but I can see a lot of people getting into some financial trouble during late night infomercial watching. Sales of Slap Chops and Mighty Putty will go through the roof!

 

NEWS SOURCE
Mashable.com

Related Tags

Further Reading: Read and find more HT & Movies news at our HT & Movies news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

TweakTown Web Poll

Question: Facebook's acquisition of Oculus VR will...

Improve Oculus Rift Development

Hamper Oculus Rift Development

Completely destroy Oculus Rift Development

Let's wait and see, I'm not sure

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases