PayPal Inc., a pioneer in alternative online payments, is seeking to stake a new claim in the burgeoning and increasingly congested mobile-payments space, and what sets it apart may be an acquisition that occurred three years ago.

Many mobile-wallet vendors boast of enabling users to choose any form of payment before making a purchase. In contrast, PayPal enables users to decide on their payment method up to five days after a purchase.

Limited Time Offer

Save over $700 on your subscription. Special offer expires April 30, 2017.

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry