PayPal Holdings is ending two mobile in-store payment services it launched several years ago to much fanfare.
The company emailed customers on Tuesday telling them the checkout services — one using a phone number and PIN and the other using special payment codes in stores — will no longer be available as of March 31 in participating stores.
“When this payment experience was developed there were some technology limitations and this was a way for us to engage with our customers, giving them the ability to make a purchase at the point of sale,” PayPal spokesman Joseph Gallo wrote in an email. “As mobile technology has become smarter, we are looking to engage with our customers in ways that leverage the true potential of the mobile device and their PayPal wallet.”
The company launched its phone-number-and-PIN service in 2012.