PayPal's plan to
Bigcommerce's 90,000 merchants will be able to use OneTouch's simpler ID technology, and can also access e-commerce through an integration with Braintree's v.zero software development kit. Consumers will be able to make payments through native mobile apps through these integrations, even if they don't have the PayPal app installed on their smartphone or tablet.
One Touch allows consumers to pay without user IDs and passwords after they log in once. The technology is used in
PayPal is relying on mobile and e-commerce technology to distinguish itself as an
PayPal processes about 12.5 million payments daily, the company reported Thursday. But the real potential is larger, and resides in the convergence of online and brick and mortar commerce through mobile experiences, a market that's worth $25 trillion, said Dan Schulman, who will become PayPal's CEO after its split from eBay.
"This convergence has profound implications," Schulman said during a presentation Thursday that was posted to PayPal's