Paypal Beacon is a Bluetooth Low Energy device to connect to a customer’s PayPal app when they enter a store. With one vibration or sound on your phone, you’ll know you’re checked in. And when you’re ready to make a purchase, all you have to do is say you’re paying with PayPal and the transaction is automatically completed: no cash, cards, taps, or signatures required—all hands free.
PayPal Beacon will connect consumers to enhanced shopping experiences such as automatically ordering your favorite dish at your usual lunch spot, or getting personalized service at your favorite clothing store. In addition, you can choose to accept messages from stores that you walk into, so that you can take advantage of special offers in the produce aisle.
“Square has just put the word out that it is rolling out to 30 NY taxis today, but instead of the white scanners we’ve come to love, riders will be the first to lay their eyes on brand new, rather sexy hardware. As you can see in the picture, it’s quite gorgeous. Square replaced the annoying LCD with an iPad, letting you to pay while the trip is in progress. Plus, it even sends receipts right to your phone or email.”
"Each of these pay-and-display parking ticket machines costs in the region of US$11000, and there are more than 1200 of them around Copenhagen - and all they do is print little slips of paper to allow people to park their cars. An extreme example of “magnificent bits of infrastructure just lying around”.