PayPal Demos Auto-Debit Gumball Machine
ForgedArtificer writes "At their recent developers conference in San Diego, CA, PayPal unveiled a proof-of-concept gumball machine that would instantly pay for a gumball through a PayPal account using a smart phone and a QR code, sending a confirmation of the purchase through Twitter. Ok, maybe we all don't really care if we can get a gumball without a quarter, but the possibilities for this technology are endless."
My wife is looking forward to when the local strip club starts using this technology. Privacy be damned.
My smart phone does. This will never be able to replace other forms of money until they get that one sorted.
I dream of a nation where a man is not judged by his skin color but by an number assigned by a credit rating agency.
Q: Why is starting a comment in the Subject: line incredibly irritating?
Shutting down free speech with violence isn't fighting fascism. It IS fascism!
PayPal is [paypal.com] a registered bank.
Depending on where you are. From your link:
https://www.paypal.com/uk/
"PayPal was granted a bank license with the Luxembourg bank authority."
"PayPal Luxembourg will be regulated to the same standard as all major European banks. Banking laws and standards in the European Union ensure that customers are just as protected by a Luxembourg bank as by a UK, French, or German bank."
Not a lot of good outside the EU.
Paypal has withheld your gummy bear for 180 days. Because you accessed the gummy bear from a location other than your usual location, we will also hold your $.25 while our anti-fraud department investigates.
To increase trust in the Paypal community, verify your account. To verify, fax a recent utility bill, send your debit card PIN and a half-chewn gummy bear as a DNA sample.
I'm not a lawyer, but I play one on the Internet. Blog