Became known cause of attacks PayPal electronic payment service for Apple Pay. As it turned out, Apple has refused partnership with the largest online payment service because of an agreement between it and the main competitor of "apple" of the company - Samsung.
"Sources familiar with the negotiations confirmed that PayPal and Apple discussed the possibility that PayPal will be the main partner of mobile service Apple Pay. However, the first entered into an agreement with the main competitor of Apple, and as a result not only in Cupertino refused the deal, but excluded from the list of PayPal supported services. "
In January of this year edition of Re / code reported that PayPal is discussing a possible partnership with Apple. PayPal saw itself as the main partner, serving mobile transactions on the iPhone and the iPad. The company is reported to be "even was ready to use label Apple Pay». However, in the process of negotiating an agreement signed with PayPal Samsung. In February, the Korean vendor introduced flagship smartphone Galaxy S5, which allowed us to identify payments with PayPal using your fingerprint. After this turn of events, the iPhone maker has decided to enter the highly promising market without PayPal.
It is noteworthy that PayPal is not able to accept the act by Apple and launched a promotional campaign , convicting corporate services Apple Pay. Full page advertisement in the newspaper The New York Times pointed to weak security Apple technology in the light leakage intimate photographs of celebrities from the cloud iCloud. "We, the people, want our money to be protected more than our self. PayPal - your safety, "- said in an advertisement PayPal.
Apple Pay for PayPal is a serious threat, since users are tied to their wallets account Apple, can then be used not only to pay in stores, but also in applications. If the system proves popular, Apple may well make it available on-line payments - that is what is now often involve PayPal.
PayPal, which is now part of corporation eBay, - one of the largest electronic payment systems. The volume of payments in the last 12 months - 203 billion dollars revenue - $ 7.2 billion. The database of 152 million registered customers. The volume of mobile payments with PayPal in 2013 was estimated at $ 27 billion. The company is expected in 2014, will hold a billion mobile transactions.
Earlier it was reported that eBay decided in 2015 to split its business into two separate independent companies - eBay and PayPal. This will allow both companies to focus on their business, as well as create better prospects for increasing capitalization PayPal and eBay.