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PayPal sees a future in mobile payments

05/28/201505/27/2015 Stephen Vagus

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.…

PayPal is trying to make e-commerce easier

05/05/201505/02/2015 Jesse Collins

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…

Mobile payments firm, Paydiant, to be sold to PayPal

03/06/201503/04/2015 Jennifer Goula

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…

Mobile payments surge over holiday shopping weekend

12/08/201412/06/2014 Stephen Vagus

PayPal shows that mobile transactions have increased over the shopping weekend Mobile payment volume surged over the holiday shopping weekend, according to PayPal. During the holidays, many consumers opted to do their shopping from a mobile device rather than visit physical stores. Those that did visit physical stores also used their smartphones and tablets to pay for products. PayPal notes that spending jumped 56% over the holiday weekend, with the number of mobile shoppers rising by 43% over what was recorded last year. Mobile transactions surge 63% on Black Friday…

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…