Mcommerce company becomes first to receive Restoration Alpha Angels support

mobile commerce growth

The paythru payments platform has raised significant investment through the network. Paythru, an mcommerce firm that provides a mobile payments platform, has become the first to raise funds through the Restoration Alpha Angels network of investors. The £700,000 will be used by paythru to help the company increase its efforts for growth. The organization receiving the funds, paythru, is based in Buckinghamshire. It provides a cloud based mcommerce service that allows smartphones and tablets to be used as point of sale devices in order to allow businesses to accept digital…

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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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