Paypal has announced its new partnership with Discover to begin processing Paypal transactions in 2013. Paypal began testing its new payment method in Home Depot in January of this year. The platforms allow customers to enter their mobile phone number and PIN to pay for their goods as a new option besides credit or debit cards or even cash. Paypal Vice President Don Kingsborough said the service is projected to begin in the second quarter of 2013 and that Paypal will begin with a Paypal branded card before establishing a digital wallet. Kingsborough also stated that the digital wallet will allow retailers to offer incentives to users and will incorporate Paypal’s “Bill Me Later” feature. Paypal is an on online platform owned by eBay, and eBay has consistently risen month over month in 2012 for a cumulative growth of just over 60 percent in share price. This move could very well help to continue that growth.