Paypal is looking into how people can tag objects in augmented reality with data that may facilitate a transaction.

For example, imagine you’re wearing augmented reality glasses as you walk down the street. A stranger passes you by in a cool, pastel-painted, vintage bicycle. As you look at it, a message appears in your AR glasses – “this is for sale for $100!”. You think to yourself – “wow, this completes my nomad, hipster garments. I gotta buy it”. And through your AR glasses, you make an offer on the bicycle.