New CEO aims to make PayPal more mobile PayPal has big plans for the future, especially when it comes to mobile payments. A new CEO is coming to the company in Dan Schulman, who wants PayPal to become much more than a simple third party in the commerce space. In the future, PayPal may introduce an operating system that is designed with digital commerce in mind. The company aims to become a much more powerful force in the finance industry, where mobile is beginning to play a more prominent role.…
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PayPal is trying to make e-commerce easier
Mobile service from PayPal app is coming to the web PayPal is bringing one of the most popular features of its mobile app to the web. Those using the PayPal mobile app have the ability to make “one-touch” payments, no matter what kind of mobile device they are using. This feature means that people only have to log-in to their PayPal account in order to make a transaction, even if they are making use of different applications at the time. This has become a well favored feature among consumers. One-touch…
Read MoreMobile payments firm, Paydiant, to be sold to PayPal
This acquisition has been announced as the competition from Google and Apple continues to rise. The PayPal unit at eBay has now announced that they will be purchasing the mobile payments company, Paydiant, as it works to enhance its strength in the market while competition continues to grow in the in-store environment, particularly from large players such as Google and Apple. The deal will provide PayPal with immediate access to the businesses who are already using Paydiant tech. Those businesses include a large number of customers ranging from Subway to…
Read MoreMobile payments through PayPal rose 43 percent on Thanksgiving
When compared to the same day in 2013, m-commerce was found to have broken many records. Holiday shopping is already off with a bang over every channel, and PayPal has now released some of the statistics with regards to the mobile payments that it processed, starting on Thanksgiving Day. What it showed was that its processing as a result of m-commerce is off to a great start in 2014. From that day alone, the company reported that it saw an increase of 56 percent in the global mobile payments volume…
Read MorePayPal launches new mobile payments app for Pebble
PayPal has brought its mobile commerce application to the Pebble wearable device PayPal has announced the launch of a new mobile payments application designed specifically for the Pebble smartwatch. The app will allow Pebble users to pay for products at retail stores that support mobile commerce. The Pebble device was released in 2013 and more than 400,000 of these devices have been sold as of March 2014. The smartwatch is fairly simple, acting as a device that can receive text messages, emails, alert of incoming calls, and provide notifications from…
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