NEWSLETTER PAYPAL REINVENTED AND NETFLIX’S CREATE-AN-ADVENTURE

NEWSLETTER: PAYPAL REINVENTED AND NETFLIX’S CREATE-AN-ADVENTURE

QUOTE OF THE DAY

“You can buy attention (advertising). You can beg for attention from the media (PR). You can bug people one at a time to get attention (sales). Or you can earn attention by creating something interesting and valuable and then publishing it online for free.” ~ David Meerman Scott (Marketing Speaker)

PAYPAL NOW EVEN MORE PAYMENT FRIENDLY

THE STORY

The pioneering peer-to-peer monetary transfer service launches instant bank transfer.

INSTANT CASH OUT? REALLY?

The online funds transfer giant PayPal will now offer instant money transfer service, directly to users’ bank accounts. For over two decades, PayPal has been a major force when it comes to online payments with support from all major online retailers. However, this soon changed when the company partnered with Visa and Mastercard to establish itself as a physical checkout option at stores. This means users will now be able to seamlessly transfer funds back and fro from their bank accounts to PayPal. But the added bonus is, you’ll also be able to do it instantly.

HOW WILL IT BENEFIT USERS?

This would allow users to utilize in-store payments through paypal, rather than presenting their bank or debit card. Nevertheless, the service would come most handy when transferring funds back to their bank accounts, which is quite a dreary process currently. Making payments through PayPal is also far secure than using debit cards as it saves operator fee and keeps cyber criminals at bay. According to PayPal, fund transfer would now be done in a matter of minutes with the exception of a few banks where payments might take 30 minutes to show.

IS IT FOR FREE?

Although their regular funds transfer with a waiting period remains free of charge, instant transfer is definitely chargeable. But unlike 1% charged by most other online payment services and e-wallets, PayPal will charge a fixed $0.25 per transaction. This could be really beneficial especially when dealing in large amounts and will help users save a lot of money when going cashless.


NETFLIX LAUNCHES INTERACTIVE VIDEOS AIMED AT YOUNGER AUDIENCES

THE STORY

Branching narratives based on your choice adds a whole new dimension to conventional storytelling.

DO WE GET TO DECIDE WHAT HAPPENS?

We’re sure everyone would love to be immersed in a story where our choices would decide events. Although this has been done in video games, it would certainly be interesting if TV shows progressed based on our decisions. Good news for everyone as Netflix’s new ‘Interactive Shows’ will allow viewers to create their own stories and adventures. Quite similar to interactive children’s book where readers got to decide the endings, these new interactive shows also works on what viewers decide and contain multiple endings based on your choices.

WHAT INTERACTIVE VIDEOS ARE BEING OFFERED CURRENTLY?

The first interactive content is ‘Puss In Boots: Trapped in an Epic Tale’, which is 23 minutes long adaptation of the old fairy tale named ‘Puss in Boots’. It allows viewers decide where the story progresses in a total RPG-esque manner. Sure their first offering is aimed at kids but according to various speculations, Netflix’s interactive library will soon expand. Although they’re again adaptations of various Netflix original shows for kids.

WILL THESE FEATURES BE LAUNCHED FOR OTHER NETFLIX CONTENT?

Despite huge demand for interactive features to also be made available for mature audiences, there has been no clear indication from Netflix. With upcoming interactive videos such as Buddy Thunderstruck and Stretch Armstrong next year, it sure seems that they’re taking time to test this service in a smaller market before making any quantum leaps.

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Akshay Peter

Akshay Luke Peters is a writer and blogger for Systweak Software. He likes to write about off-beat topics and technological awareness. He is also part musician who likes to explore the future of technology in entertainment and popular media.

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