PayPal (NASDAQ:PYPL), the world’s largest online money transfer platform is dropping support for BlackBerry (NASDAQ:BBRY), Amazon (NASDAQ:AMZN), and Microsoft’s (NASDAQ:MSFT) Windows Phone as it seeks to optimize its business. The company will focus on supporting payments on gadgets that run on Android and iOS only as these two already dominate the mobile OS market with a combined share of 97%.
On the other hand, Windows Phone OS, Amazon's Fire Phone, and BlackBerry OS make no economic sense. As such, PayPal is thinning the number of mobile operating systems supported by its flagship mobile payments app down to just two and as of June 30, the app will no longer be supported on devices that run these three operating systems. Continue Reading »