PayPal now accepting mobile payments

October 27, 2010 2:21:32 PM PDT
An online payment service is going mobile.

PayPal is now helping businesses accept mobile payments from smartphones. It will also allow merchants to offer online coupons and offer daily discounts on handheld devices.

Shoppers with PayPal accounts won't have to key in credit card information for transactions. Users can also share deals with friends.