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"PayPal is working on a television commerce (T-commerce) solution that will let consumers buy goods they see on Internet-connected TVs via their remote controls.\nThe new PayPal project was revealed in a blog post by Osama Bedler, the company's VP of platform for mobile and new ventures. \n\"Today, I\u2019m happy to say we\u2019re one step closer to equipping every living room in America with T-commerce powered by PayPal,\" writes Bedler. \"Imagine this: lounging on your couch and channel surfing, then finding that perfect birthday present. A few clicks of your remote, and you\u2019ve purchased the gift via your PayPal account.\"\nEssentially, PayPal hopes to transform its payment platform into a digital wallet, accessible anywhere there's Internet connectivity. To this end, the company has already announced Mobile Express Checkout, a mobile payment solution currently being used by Starbucks. \nPayPal has teamed up with Canoe Ventures, Catalina Marketing, Delivery Agent, FouthWall Media and icueTV on its T-commerce initiative. No specific timing has been announced."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2010/11/18/pay-pal-t-commerce/>