Mobile payments drive in retail sector outlined by eBay

mobile payments John Donahoe, CEO of ebay

The massive online marketplace has ambitious intentions for testing the use of its services. eBay has now announced its intentions to put considerable testing into place in order to measure the behaviors of consumers who use its mobile payments services while they are in stores and restaurants throughout 2013. This is because its plans include the doubling of the current size of its PayPal business. According to the chief executive of eBay, John Donahoe, “Mobile is becoming the new normal.” He discussed a new partnership that the company has just…

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Mobile payments will be a larger focus for retailers in 2013

mobile marketing guide

Merchants have learned the lesson from the holiday shopping season and are moving forward with smartphone transactions. Retailers have been viewing the statistics that have been compiled from 2012 and its heaviest shopping season, and it has been made clear that mobile payments will be a necessary part of 2013 if they wish to remain competitive. Consumers are beginning to indicate that they want to be able to do more in-store with their smartphones. This, according from the study performed together by Shop.org and Forrester Research, called the “State of…

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Mobile payments companies expect to benefit from frustration of retailers

Mobile Payments Industry

Traditional credit card companies are aggravating merchants who are turning toward alternatives. Retailers may be looking to mobile payments as an alternative to traditional transactions, having clearly had enough with Visa and MasterCard, as merchants recently refused to accept a settlement in the lawsuit that is currently accusing these credit card giants of working together to set fees for their services. PayPal is an important indicator of how retailer outrage is becoming a driver of alternatives. Investors are currently keeping a close watch on PayPal’s owners, eBay, to see how…

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Mobile commerce system formed by partnership among top American retailers

Mobile Commerce News

Participants include Target, Wal-mart, and 7-Eleven, among others. A group of some of the largest retailers in the United States are coming up with their own mobile commerce platform in order to go head to head with telcos, banks, and technology companies that have already crowded that environment. The system is being called the Merchant Customer Exchange (MCX). An app for the MCX is already in development and through it, according to the group, consumers will be provided with a “versatile mobile commerce experience that will combine the convenience of…

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