PayPal’s vision for shopping and payments

PayPal gave the world a sneak peek this week of some of the new technologies and initiatives they'll be launching at next month's X.commerce Innovate conference.

As PayPal President Scott Thompson noted in his blog post:

PayPal is re-imagining money and making it work better for merchants and consumers – whatever device you’re on, wherever you are in the world, and however you prefer to pay (whether that’s cash, credit, or installments).

He went on to say:

We’re rolling out a one-stop shop for merchants to engage their customers directly during every part of the shopping lifecycle –  generating demand from consumers through location-based offers, making payments accessible from any device (not just from the mobile phone), and offering more flexibility to customers even after they’ve checked out.

The blog announcement also included this teaser image:

but honestly I think this video from the preview event shows PayPal's new innovations better than any static image could:

You can read more about the sneak peek via this coverage from GigaOm (click here to read).

Click here to read the complete post on X.com including Bill’s plans for Innovate.