Honda Dream Drive brings in-vehicle payments to drivers

Honda Dream Drive - In-Vehicle Commerce and Entertainment

Honda’s in-dash system prototype uses mobile technology and voice control. Honda Dream Drive is the first integrated driver and passenger in-vehicle infotainment, commerce, service and rewards dashboard in the automotive industry. The fully integrated car experience is a collaboration between Honda and Visa. Drivers will be able to order a range of goods and services via the in-dash system. The Honda Dream Drive system, an AI (artificial intelligence) based technology, was first shown as a concept during CES 2017, under a collaboration with ConnectedTravel. Since then, the Japanese auto manufacturer…

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PayPal mobile payments break records over Thanksgiving shopping weekend

PayPal mobile payments - PayPal Logo

Over $1 Billion mobile payments were made via PayPal on both Black Friday and Cyber Monday. PayPal mobile payments was the preferred payment method for many mobile users during America’s biggest shopping weekend of the year. The American-based worldwide online payment system has revealed that, for the first time ever, it saw over $1 billion in mobile payment volume on Black Friday and hit this record-breaking volume again on Cyber Monday. There were higher mobile payment volumes on Black Friday than Cyber Monday. What is particularly surprising about the data…

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Australian mobile commerce is taking off among consumers standing inside stores

Australian Mobile commerce Trends

New research results from PayPal show that Aussies head to shops to make purchases on their phones. Australian mobile commerce has been taking off in a rather interesting way, says recent PayPal data released by the company. The research revealed a nearly 50 percent increase in the number of Australians purchasing products and services by way of their mobile devices. Mobile shoppers are using their devices to buy something at least once per week in that country. The PayPal data revealed one in four people prefer the Australian mobile commerce…

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J.P. Morgan Chase and PayPal mobile payments deal announced

paypal mobile payments app - money2020

Two giants in the payments industry are now working together – as well as competing – under a new agreement. J.P. Morgan Chase and PayPal mobile payments – two companies among the highest profile firms in mobile wallets – have announced a new partnership within their continuing competition. They have now developed terms for a new deal that they announced at the end of last week. This agreement expands the Chase Pay mobile wallet service reach from J.P. Morgan Chase. The Chase Pay service is a form of mobile wallet…

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PayPal is looking to mobile payments to continue its revenue growth

paypal venmo mobile payments

The online transaction company was able to experience a massive spike in revenue in the last quarter of 2015. During the last quarter of last year, PayPal was able to create an increase in its revenues by 21 percent, bringing them to $2.6 billion, much of which was generated by the adoption of mobile payments in a number of different forms. Revenues are also believed to have been boosted at PayPal through its acquisition of Xoom, the remittance firm. The acquisition closed during the fourth quarter and PayPal has said…

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