Mobile Commerce

BlackBerry Picks PayPal For P2P Payments

After launching the PayPal app on its platform earlier this year, BlackBerry has now partnered with PayPal to power a P2P money transfer channel on its BBM app.

Upon connecting a PayPal account to the BBM app, users can now start sending and receiving money to/from other users.

“It’s really simple: select the PayPal ‘Send Money’ icon in BBM and connect your PayPal account. You can start sending money to family and friends once they’ve also connected their PayPal accounts to BBM. From there, you’ll simply select the PayPal icon directly in BBM, enter in the amount of money, review the details and hit send — that’s all it takes,” the company explained in a blog post.

Currently, the money transfer functionality, which doesn’t require users to have a PayPal app, has been made available in a private beta mode to Blackberry, iOS and Android BBM users in Canada and would be rolled out to other countries in the coming weeks.

With the rollout of the BBM money transfer option, BlackBerry users now have two transfer options, the other being to transfer money via the PayPal app, which BlackBerry launched on its platform in January this year.

Blackberry’s effort to improve P2P lending on its platform comes amidst a range of changes the company is making to revive its mobile business.

The company recently launched a new enterprise-focused Software-as-a-Service, BES12 Cloud, which offers mobile-friendly business solutions for the BYOD trend.

Recently, reports from various news outlets also hinted at Blackberry’s possible plan to launch Android-powered devices.

To check out what else is HOT in the world of payments, click here.

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