BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) now has the official PayPal app, which was rolled out yesterday, and with this the app is now available on all major mobile platforms. The app will be available on three smartphones from Blackberry – Q10, Z10 and the new Classic. All the features available for the other platforms served will be there for BlackBerry devices as well.
Why PayPal is late on BlackBerry?
Using the PayPal app, the BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) users in the U.S., U.K. and Australia can perform several activities like sending and receiving money, managing various account related activities, checking – in to pay at physical stores and getting redemption of offers from local merchants.
PayPal app for BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) has come much later than expected. PayPal launched its app for Amazon’s Fire Phone well before it did for the Canadian firm. So, this raises question, why now? This year we are going to see eBay and PayPal split off, and therefore the possibility of the products from the company getting a refinement and consolidation is quite high. There are many segments that are not yet catered by Apple Pay and other competitors, and PayPal seeks to reach those crevices, and therefore it is making efforts for becoming the most ubiquitous mobile payment option, says a report from VentureBeat.
In a statement via email to VentureBeat, PayPal said, “we’re rolling it out now because we want to be wherever our customers are. So, whether you’re using Android, iOS, Windows Phone, Fire OS or BlackBerry, you’ll be able to experience an easier and more secure way to shop and pay with the PayPal app.”
BlackBerry reveal plans for IoT
Separately, on Wednesday at the Consumer Electronics Show (CES) in Las Vegas, BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) announced its plans for the Internet of Things. The Canadian company revealed its intentions to get its technology installed on the growing numbers of everyday items that are connected via internet. At the CES, BlackBerry informed that it would primarily focus on the automotive and asset-tracking industries to fit its technology on their devices.
“The platform’s asset tracking and connected car applications targeting those markets are just the first step in BlackBerry’s broad and expanding IoT strategy,” BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) said in a statement.