PayPal Testing NFC Mobile Payments For iPhone, Android In Sweden

PayPal is testing mobile payments using NFC (Near Field Communications) stickers in Stockholm, allowing users to pay for goods at two stores using Apple’s iPhone and Android-based smartphones. Payments using phones come in many guises, and PayPal isn’t betting on just one technology at this point. “We are experimenting with a lot things, in order to deploy next year with several retailers,” said Olivier Binet, innovation business development manager at PayPal.