The details on the famous online payment gateway, PayPal's alleged pitch were revealed on the net some days ago by the Re/code, citing some unnamed sources who had indicated that the company has told Apple that it is now willing to white label parts of the tech. giant’s payment service, including the fraud detection service and even potentially, the whole processing of the secured payments.
The PayPal Inc. is now apparently willing to handle the background works for the Apple Inc. because it has got a strong desire to be a respective part of any mobile payment services the American tech. giant might offer.
While PayPal is apparently pushing hard at the Apple Inc., some of the reliable sources have reportedly said that, it is in most of the cases unlikely that the Cupertino, Calif., company would need the PayPal's services. However, that does not even mean that a partnership is impossible among the two famous companies.
Again, some sources have reportedly indicated that the Apple Inc. is currently finally committed to a reliable mobile payment platform, within which the iPhone is going to be the central device. The reporter, Jason Del Ray, has suggested that it might be a scary proposition for the PayPal Inc. if it were unable to forge a partnership with the tech. giant Apple Inc.