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PayPal sees a bright future in mobile commerce

01/29/201401/27/2014 Jennifer Goula

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…

RBC releases new mobile commerce platform

01/27/201401/25/2014 Stephen Vagus

Royal bank of Canada (RBC) mobile commerce platform

RBC Wallet officially launched in Canada The Royal Bank of Canada has released its first mobile commerce platform, called the RBC Wallet. The platform is powered by the bank’s Secure Cloud, which is used to store customer financial information. The bank claims that its mobile wallet is the first of its kind in Canada, allowing consumers to choose either their debit RBC account or a Visa credit account to make payments. Currently, the RBC Wallet is only available for Android devices. RBC Wallet leverages NFC technology in order to facilitate…

Apple may release a mobile commerce platform this year

01/22/201401/20/2014 Stephen Vagus

Ovum predicts that Apple will finally enter into the mobile commerce space Ovum, a market research firm based in the United Kingdom, has released its latest 2014 Trends to Watch report, which predicts that Apple will finally enter into the mobile commerce market this year. Apple has approached the mobile commerce space with caution due to the security issues that exist therein. It had been speculated that the iPhone 5 would include NFC technology, but Apple has little faith in NFC, especially when it comes to using the technology for…

Mobile commerce platform embraced by UK banks

01/21/201401/21/2014 Stephanie Beck

Five banks to pick up Zapp mobile commerce platform later this year Five of the United Kingdom’s largest banks are set to embrace mobile payments. First Direct, Nationwide, Santander, Metro Bank, and HSBC are moving to provide their combined 18 million customers with the ability to make mobile payments leveraging QR codes and NFC technology later this year. This will be made possible through the use of Zapp, a mobile commerce platform from VocaLink. The five banks have adopted the platform as a way to make it easier for mobile…

Mobile payments get a boost from PayPal

01/17/201401/14/2014 L. Green

In their overall expansion of digital transactions, they have also streamlined their e-checkout process. Last year, PayPal made mobile payments news headlines with its announcement of Beacon as it promised to help to enhance the overall location based experience for brick and mortar stores and their shoppers, and now it is making them again by expanding their efforts for online transactions as a whole. Even as the company pushes its way into offline retail, it is keeping up with mobile e commerce. This week, PayPal launched a new checkout experience…