Wednesday, 29 July 2009

Watch PayPal’s Platform Preview

PayPal has just released the video of the platform preview that occurred at the PayPal head office in San Jose 23 July 2009. This announcement makes them the first global payment system to open to developers and the public beta will kick off simultaneously with their first conference, Innovate 2009, 3-4 November, 2009 in San Jose.

The hour long announcement included a brief introduction to how the payments system can be developed as well as introductions to a couple of developers who have been working with adaptive payments including:

  • Twitpay: This can be used with Twitter as a reminder of what you owe someone and goes one step further as you can actually pay them back off Twitpay using PayPal.

  • LiveOps: This helps companies push out work to communities of virtual workers. Companies don’t have to worry about compliance and security and multi-split payments can be made instantly.

  • Windows Azure: Launching at the end of 2009, this cloud computing will allow users to pay for access not ownership, share computing power, go online quickly, only pay for what they need, and instantly scale-up and scale-down even on an hourly basis.This is really good for developers as there are a number of templates, programming tools and snippets of code that can be used to develop new applications. They can deploy it to test (locally or remotely) and then run it live in the cloud. They can then sell the application using PayPal as well as integrate it into the applications as a global payment solution.


I think the video is a great run down of the information and what developers and users have to look forward to when you actually get to that part of the video. I’m confused on why they took the first 6 minutes of it to show a global map of what I believe is an indication of traffic and location of those watching the live feed as the conference happened.

With no explanation of what it was, I almost clicked away and would have missed a very informative and interesting talk. You can watch the video here and you really should. If you aren’t excited by pretty pictures and ambient music that goes on for a bit, six minutes is enough time to make some tea and toast before the juicy stuff starts.

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