Tag: Paypal mobile payment

eBay mobile payments lead to solid Q1 2012

Jennifer Goula
eBay mobile payments

eBay has reported double digit increases to its mobile payment income through Marketplace and PayPal. Leader in global commerce and mobile payments, eBay Inc. has announced that its first quarter revenue for 2012 was $3.3 billion, which is an increase of 29 percent when compared to the same time last year. The eBay first quarter report indicated that the company saw a GAAP net income of $570 million, which translates to $0.44 per diluted share. It also stated that its non-GAAP net income was about $0.55 per share, at $725…

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Intuit announces acquisition of AisleBuyer to boost its mobile commerce offerings

Jennifer Goula
Mobile-Commerce

In mobile commerce news today… Intuit has just announced on its Twitter account that it has acquired the startup company called AisleBuyer, which provides a service that allows consumers to order the products that they want directly from the merchant, instead of having to wait in lines at the store. AisleBuyer has since confirmed the acquisition on its blog, though neither company has disclosed the terms of the deal. It has been estimated that the purchase was for around $100 million. According to a the blog post, made by Andrew…

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PayPal to announce intention to launch competition for Square

L. Green
Paypal Mobile Payments

On Thursday, PayPal will be announcing a small business solution that will include a dongle for mobile payments which will provide direct competition to Intuit (intu), Square, Verifone, and others. This PayPal dongle, which will be triangle-shaped, will make it possible for small business owners to be able to process the swipe of a credit card by using a smartphone, in a way that is comparable to PAYware by Verifone, Square, and GoPayment at Intuit. This effort will align well with PayPal’s recent efforts to carry its payment services into…

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