Car-hailing app Uber to take PayPal

Car-hailing app Uber is now letting its users pay for their rides using PayPal.

The deal announced late Monday takes eBay's payments subsidiary another step into the physical world. PayPal has started service transactions at brick-and-mortar stores as both worlds continue to meld. The company is also trying to stave off competitors such as Square.

For Uber, the deal could make it easier to grow overseas. Uber CEO Travis Kalanick says his company was looking for a partner that understands the banking language of German banks or does credit card processing in Mexico, for example.

Until now, people had to use to pay for Uber rides, which limited Uber's popularity in countries such as Germany, where most people pay with their .


Explore further

PayPal app adds more mobile wallet features

© 2013 The Associated Press. All rights reserved.

Citation: Car-hailing app Uber to take PayPal (2013, November 19) retrieved 16 July 2019 from https://phys.org/news/2013-11-car-hailing-app-uber-paypal.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
0 shares

Feedback to editors

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more