Mobile commerce is powering growth for PayPal

paypal mobile payments app - money2020

PayPal is finding a great deal of success through its focus on the mobile commerce space PayPal is beginning to see significant promise in the mobile commerce space. The company has long held a strong mobile presence, but a stronger focus on mobile commerce specifically may ensure future growth. PayPal has announced that it saw a 21% increase in revenue during the fourth quarter of 2015, with revenue reaching $2.6 billion. This growth was partly due to the acquisition of remittance firm Xoom. Strong support for mobile commerce also secured…

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New mobile payments service introduced by PayPal

Paypal mobile payments

PayPal unveils new service that may make mobile commerce more convenient PayPal has introduced a new service that may make mobile payments more convenient. The company has unveiled One Touch PayPal, which allows users of the PayPal application to initiate a purchase with a retail merchant with a single touch of the screen. The service is based on technology developed by Braintree, a mobile commerce firm that was acquired by eBay in 2013. Merchants that want to support the new One Touch PayPal service will have to make use of…

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Venmo may be the next mobile commerce success story

mobile commerce trend interest

Venmo continues to gain momentum in the mobile payments space Venmo may be the next big thing in mobile commerce. Venmo is owned by PayPal and is well on its way to becoming a very powerful and influential mobile commerce application. The app was launched less than two years ago and has already managed to reach the same level of transaction volume as Starbucks’ own mobile commerce application. Venmo has managed to win favor with consumers due to its convenient nature and its peer-to-peer, social features. PayPal may be able…

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PayPal to expand Partner Program in order to promote growth of mobile commerce

Paypal mobile payments

PayPal aims to bring new mobile solutions to the retail sector E-commerce giant eBay has been working to partner with retailers in order to help them achieve omnichannel success. As the company begins to partner with retailers that have a physical presence, PayPal is looking to do the same. PayPal has announced that it is expanding its Partner Program in order to accommodate additional types of retailers. The expanded program will be launched during the summer and is expected to help retailers become more capable of handling the needs of…

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PayPal envisions a bright future for mobile commerce

Paypal mobile payments

PayPal continues to make strides in the mobile sector It is no secret that PayPal has a strong interest in mobile commerce. The company has been working to establish a dominating presence in the mobile space for several years and has managed to do so in North America, Europe, and Asia. The company has faced many challenges in its work to embrace mobile commerce, but it has managed to overcome strong competition and help make the mobile space more dynamic and accessible to consumers and merchants alike. PayPal expects e-commerce…

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PayPal sees a bright future in mobile commerce

paypal venmo mobile payments

PayPal expects e-commerce to become mobile-centric in the coming years PayPal has been finding a great deal of success in the mobile space, especially where e-commerce is concerned. The company has been focusing more heavily on mobile payments in recent months in order to establish a stronger presence in the mobile sector. This aligns with eBay’s own mobile initiatives as well and both companies plan to become leaders in the mobile commerce field in the near future. PayPal’s President, David Marcus, believes that e-commerce will soon become mobile-centric as consumers…

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PayPal backs their new mobile payments wallet platform with QR codes

paypal mobile payments app - money2020

The goal of the service is to be able to provide a smooth and seamless omni-channel experience. At the 2013 Money2020 event in Las Vegas, the vice president of retail and prepaid products at PayPal, Don Kingsborough, provided the team from QR Code Press with considerable insight into the goals and future of the service in the smartphone and tablet sphere. Kingsborough referred to the use of these devices as “connected commerce”, which offers notable convenience. Speaking on that subject, he explained that mobile payments as a part of connected…

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Mobile commerce report from PayPal offers trend insights

paypal venmo mobile payments

The online payments giant has released its data for both smartphone based and traditional online shopping. There is no doubt that there is a future in online shopping, but what the latest data is showing is that mobile commerce is already the preferred method of making an online purchase and that smartphones are the top device over tablets and laptop or desktop computers when shopping outside of the home. This new study was conducted by PayPal and the results were just recently released. Within PayPal’s study, it looked into the…

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PayPal tests new mobile payments security system

Paypal Mobile Payments

PayPal seeks to make mobile payments more secure When it comes to mobile payments, security is a major issue. Mobile commerce has garnered a significant amount of attention from consumers around the world, but it has also attracted the interests of malicious groups that seek to exploit financial information. Hackers have begun infiltrating the mobile commerce scene, and this has made many consumers concerned for the security of their financial information. PayPal, which has established a prominent place in the mobile payments sector, has begun testing new technology that could…

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PayPal and eBay promote mobile commerce to US government

mobile commerce services

US government showing more interest in mobile commerce Mobile commerce has been growing quite popular among consumers, but it may soon establish a strong following within the U.S. government. Commerce titan eBay has deployed its government relations teams, as well as that from PayPal, in order to engage federal and state lawmakers in Atlanta. The state is host to the National Conference of State Legislatures’ Legislative Summit, a gathering of lawmakers throughout the country. Here, eBay has exposed these legislative officials the benefits of mobile commerce and e-commerce technologies. Consumers…

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Mcommerce developer tools unveiled by PayPal

Paypal mobile payments

The massive online payments company may be responding to pressure from other processors. PayPal has just announced that it is updating its various tools for developers with the release of a new mcommerce SDK with easier code that allows for integration as a mobile payment method. This is meant to make it easier for developers to be able to work with PayPal as a payment method. It has been speculated that this action by PayPal could be a response to pressure that the company is feeling from other processors, such…

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