PayPal is offering to waive processing fees and provide free marketing to merchants as it looks to play a bigger role in how mobile and digital technology are transforming in-store purchasing. Competitors Square and Groupon are also making similar plays to win over merchants.
While EBay’s Q1 results disappointed analysts, mobile users continued to grow, with the company betting on significant returns from mobile going forward.
Several trends promise to disrupt the payments space this year, with mobile playing an important role as key players look to deliver greater value for merchants and customers, according to a new report from Forrester.
The Home Depot’s use of an in-store checkout system enabling shoppers to pay with PayPal and their mobile phone number is the focus of a patent infringement lawsuit brought by PayOne. However, with numerous other retailers also using the technology, the impact could be much broader.
While there is significant potential for digital and mobile wallets, one of the main challenges for wallets other than PayPal continues to be gaining awareness among consumers, according to a new report from comScore.
With encouraging results for its mobile payments application pilot, Cumberland Farms is expanding the effort to include transactions funded by a user’s checking account.
In an evaluation of mobile wallets across several sectors, LevelUp, Starbucks and MasterCard’s PayPass were the leaders, according to a new report from Carlisle & Gallagher Consulting Group.
EBay and PayPal are reaping the benefits as consumers increasingly turn to their smartphones and tablets for shopping-related activities, with mobile proving to be a key driver of revenue for both companies.
Jamba Juice is testing a new feature that lets customers place an order, select a pick-up time and pay in advance via the PayPal mobile application.
With consumers spending as much as $48,000 on purchases made via mobile, it is clear that the medium is not just for small-ticket purchases any longer.
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May 18, 2013