Total mobile payments from PayPal reach almost $4 billion last year

Paypal Mobile Payments wearable technology

The totals for the mobile payments in 2011 are in, and PayPal saw nearly $4 billion that year alone, which is an exponential growth from what it had seen the year, when sales totaled $750 million. These figures were released by David Marcus, the mobile vice president at PayPal, whose numbers created an even bigger perspective about the success of mobile payments by the company when compared to 2009, when they totaled only $141 million. According to Marcus, the initial expectations of PayPal were that 2011 would bring in $1.5…

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No NFC mobile payment platforms

Mobile Payment Apps

  More big name companies are making their way into the realm of mobile payments and point-of-sale (mobile) transactions. As a flurry of companies jumps into the ring to become the leader in mobile payment commerce, other companies get on board to get their share too. In a bold move to do something a little different, PayPal bought mobile payments start up Fig Card. PayPal is an e-commerce business that allows online payments and money transfers.  Fig Card doesn’t need NFC chips; it works for the customer by downloading a…

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Mobile commerce powerhouse hits the ground running

One company is a leader in computer software analytics, data and mobile applications. The other company holds more patents than any other U.S. based technology company, and has nine research labs worldwide. These two powerhouse companies have joined forces to give m-commerce a massive uplift. Sybase is a computer software company specializing in analysis, data and mobile applications. IBM specializes in computer hardware, hosting and consulting services. The two have collaborated to create a new workload-optimized server for financial institutions, mobile operators and other mobile enterprises. The creation is called…

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Out with the old and in with the new!

America may be on the brink of a technological revolution. Mobile marketing is exploding here in the United States; and the use of QR Codes is starting to be seen everywhere. Now, we will be going to the next level; the ability to make mobile payments through tWallet and mVoucher. These are two new payment platforms that may be on the next Smartphone you purchase. Even though a survey showed that most people are uncomfortable with the idea of paying for things with their phones. It is basically the same…

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