PayPal Hosts Development Event In Tel Aviv

PayPal is hosting an app development event called BattleHack in Tel Aviv this week.

Nearly 200 participants are spending 24 hours developing new apps for PayPal’s API, The Jerusalem Post reported on Feb. 6. They are competing for a $100,000 cash prize.

In an interview, PayPal’s global director for developer networks, John Lunn, remarked that the event helps the company keep tabs on its services and generate new information that can help improve the API.

“By observing how they interact with our APIs, we can go back and make them better,” he said.

Earlier this month, reports surfaced that PayPal was interested in assisting Apple in its mobile payments project. Learn more about these rumored discussions by clicking here.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.