Paypal has filed a obvious for a modular remuneration system. Although it seems to prove this will be a hardware device of some sort, there is also a discuss of regulating a practical banking wallet system.
Every time a association files a obvious for some new form of remuneration technology, there seems to a hum of fad in a air. In a box of PayPal, their obvious focus revolved around a modular remuneration system, that offers some engaging traits.
The PayPal Modular Payment System Patent
It seems flattering clear Paypal will be building a new hardware resolution to accept and finish payments. Part of their modular remuneration complement revolves around a chassis, that contains a connector to a device itself. On a program side, there will be a database of some sorts to record appropriation source and confidence information.
There will also be a payment module in a chassis, to establish if a modular remuneration complement is set adult correctly. A remuneration procedure will determine if a device identifying information matches certified inclination bottom enclose a confidence information provided.In a way, this seems to prove PayPal is building a hardware wallet of some sorts, that is designed to