Companies showing support for mobile commerce are expected to see gains in the coming years Several companies are expected to benefit from the growing prominence of mobile commerce, according to analysis from Pacific Crest. Mobile has long been a thriving channel through which businesses could effectively engage consumers, but as mobile commerce continues to grow, companies that have positioned themselves well in the payments space are likely to find more success. PayPal, Vantiv, Visa, MasterCard and others are gaining significant momentum and may soon see major gains as a result…
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PayPal expands further into the mobile commerce space
PayPal successfully acquires money transfer service Xoom PayPal has announced that it has successfully acquired Xoom Corp., a digital money transfer service provider. This may represent yet another step toward PayPal’s plans to become a more prominent entity in the mobile commerce space. Xoom is currently considered one of the world’s leading remittance companies. The company allows consumers to use their mobile devices to send funds, and pay bills, using their mobile devices, making the process more convenient. Xoom may help PayPal reach new consumers that are interested in mobile…
Read MorePayPal sees a future in mobile payments
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.…
Read MoreMobile payments set to skyrocket in the US
Report predicts the promising future of mobile payments BI Intelligence has released a new report concerning the growth of mobile payments in the United States. The ability to make payments with mobile devices is becoming a very powerful force in the retail space. Consumers have long had the capability to shop for and purchase products online over the Internet using a mobile device, but these devices are also beginning to be used for in-store transactions. Companies like Apple, Samsung, Google, and PayPal are expected to lead growth in the mobile…
Read MorePayPal 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…
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