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 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…
Read MoreVenmo may be the next mobile commerce success story
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…
Read MorePayPal to expand Partner Program in order to promote growth of mobile commerce
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…
Read MorePayPal envisions a bright future for mobile commerce
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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