World-famous online payments and money transferring service, PayPal has just launched a new smartphone app for their customers, PayPal Instore which allows them to make payments in stores outside the web. Now people in the UK can go into any one of Oasis, Warehouse, Coast or Karen Millen stores and pick something up and pay for it using their smartphone.

“We’ve created a simple, secure way to use a mobile phone to pay in your favourite stores. The revolution starts at Oasis, Warehouse, Karen Millen and Coast,”  said the managing director of PayPal UK, Cameron McLean, “The lines between the online world and high street will soon disappear altogether; research we carried out last year amongst major retailers suggested that 2016 will be the year you won’t need a wallet to shop on the British high street. A phone will be enough.”

PayPal teased about this app for a long time and its finally made its way out into the open. This new service will definitely bring people closer to moving into a digital wallet. Considering the amount of users they have on PayPal system, this new system is most likely to be more successful than the Google Wallet service. PayPal plans to expand their service in more stores in the future. Check out the introduction video to see how it works.

You can get the app for free from PayPal Instore.

[Via: Fashion stores support 'smart payments' with PayPal app Digital-Spy]
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Roshan Jerad Perera