CEO of eBay says the future is mobile

mobile payments John Donahoe, CEO of ebay

eBay CEO, John Donahoe, spoke at the Open Mobile Summit and stated that consumers are looking for the cheapest price, regardless of where they make the purchase, which means that the future is mobile and not e-commerce. He explained that as mobile is used more widely, the line between conventional retail and e-commerce has been so greatly blurred that the latter is losing all meaning. Today’s consumers are walking into brick-and-mortar shops and are using their mobile devices from there in order to comparison shop for better deals and prices…

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What will it take to keep the M-Commerce ship afloat

M-Commerce

The NFC-driven mobile payment revolution may be coming to an abrupt end before it ever really gained any momentum. Analysts with Gartner Inc., a technology research firm, say that the prospect of mobile payments may be interesting, but the technology needed to facilitate this form of commerce is much more complex than the big players would have consumers believe. Many have stated before that the instigation of mobile commerce is seldom a singular effort. Companies interested in pioneering the field of mobile payments must garner the support of several thousand…

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