PayPal to open app store for developers

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Following its partnership with Facebook, PayPal started to engage developers community to create another opportunities. Since there is no serious competitor on this space, PayPal seems moving very fast and confidence…

PayPal will open an applications store this year where developers can offer their wares, the latest step in the company’s multi-pronged strategy to deepen its relationship with external programmers.

Developers have a big opportunity to offer applications for merchants and consumers that PayPal doesn’t have the interest or resources to build itself, a PayPal official said Tuesday.

“It could be an invoicing application for a merchant or a ‘daily deals’ application for consumers,” said Osama Bedier, vice president of PayPal’s Platform Business Unit and Emerging Technologies.

[via InfoWorld]

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