PayPal has updated its app, adding new features as more PayPal mobile payment options pop up in restaurants and retail stores around Australia.
Using the app, users can link credit cards and bank accounts to push payments from these through PayPal, whether that be bill payments or money transfers.
Digital wallet future
PayPal Australia's director of strategy Andrew Rechtman said that for digital wallet payments to take off, they must offer more than just new ways of paying.
"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," Rechtman said.
"PayPal is driving innovation that brings benefit to the consumer, which is what our refreshed mobile application will enable."
But PayPal is not the only one looking into this space, as Mastercard launched its MasterPass earlier this year and Visa announced its new V.me digital wallet service, which is due to launch later this year.
On top of all that, NFC smartphone payments are still being looked at.
- Want to learn more about NFC and why it's in your phone?