PayPal Beacon … transforming mobile payments?

PayPal has unveiled the launch of PayPal Beacon, a plug-in device for merchants that is set to enable consumers to make hands-free payments in a number of stores.

PayPal Beacon is set to leverage Bluetooth Low Energy, a technology that enables connected devices to communicate with each other, while keeping the energy consumption at a low level. By using BLE, transactions can take place with no app being opened, without GPS being turned on and without a phone signal..”

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