By Laura on Dec 01, 2009
PayPal has launched a new set of APIs that allow developers to embed payment technology into applications. This is a whole new way of making money from your apps. Learn more at x.com, PayPal’s developer hub where you can grab code, product offerings, documentation, sample apps and more.
To make things more exciting, PayPal is offering the chance to win up to $150,000 in their first PayPal X Developer Challenge!! Submit an app that uses the new APIs, and you could win big. The deadline to register is looming – Dec. 16 – so don’t miss out!
PayPal is looking for the most innovative live applications that open payment capabilities for businesses, especially in the areas of Social Media, Gaming/Entertainment, E-commerce, and Mobile/Consumer Electronics.
The grand prize winner gets $50,000 cash plus up to $50,000 in waived transaction fees. Second place winner gets $25,000 plus up to $25,000 in waived transaction fees. Entrants will also get exposure for their apps to the PayPal developer community through the voting process.
The contest is worldwide except for France, Spain, Italy, Belgium, the Netherlands, Poland and Czechoslovakia and where prohibited. Full contest details can be found at http://paypalx.brightidea.com/challengeinfo. Make sure you register for the contest by Dec. 16. Registration is easy; you just need to provide one or two sentences about your concept. Final live apps and a demo video are due Feb. 7, 2010.