PayPal “iPhone Library” App Payment System

24 April, 2010 Posted by As iPhone,News (0) Comment

image iPhone App can soon accept PayPal payments within the app  for physical goods and services (not for media purchase via iTunes). 

PayPal is submitting an app payment system called “iPhone Library”. The service will enable app such storefront to accept PayPal payment directly from users without the need to go to the browser.

Paypal explains how iPhone Library operates on its Paypal X Developer Network:

With our iPhone library, you’ll be able to start accepting payments for physical goods and services in a matter of minutes. Whether you’re looking to replicate a storefront you have online or you’re making something unique for the mobile device, this library can help you get paid. You won’t need to collect financial information or make users go to your website to complete a purchase. With our library, we’ll take care of the payment flow and you can keep focusing on making those great apps. Here’s how it will work. You’ll call a method to tell us how much you want to charge and who the money should go to. We’ll then slide up a view for the consumer to confirm the payment. When it’s complete, we’ll slide this back down.

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[Via TheNextWeb]

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