PayPal app becomes a deal offering mobile wallet payment platform

PayPal's status as the mobile payment method of choice for the masses is beset upon all sides by many would-be usurpers. What's the company doing to stay on top? Beefing up the feature set of its apps for iOS and Android in a big way today -- adding a full-on mobile wallet, automatically-applied deals and discounts and some new ways to order stuff and pay for it.

The wallet feature lets people pay with a PayPal account, a credit or debit card, bank account or a line of Bill Me Later credit that can be applied for within the app. Like Google Wallet, the new PayPal app incorporates deals and discounts that are then automatically applied when you pay. Speaking of which, you can still send money the old-fashioned PayPal way, but the new app also integrates ordering, couponing and paying within PayPal's merchant network. We got to see the new app in action, so join us after the break for more.%Gallery-slideshow79631%

Filed under: Software, Mobile

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