We know PayPal has been investing in a comprehensive solution for in-store merchants to integrate the payments service into the point of sale payments experience. Today, on eBay’s earnings call, eBay CEO John Donahoe said that the launch of the new technology will take place in the fourth quarter. He said that the in-store PayPal technology will be [...]
By swallowing up Magento, eBay is building what it calls X.Commerce, an open platform that can offer a wide array of end-to-end services to merchants, providing everything from local inventory data and discounts to historical information on pricing, transactions and browsing. It then offers tools for payment and helps close the loop on transactions so [...]
Discover Mobile 2.0 (iTunes App Store) The only information needed to transfer funds is the payee’s email address or mobile phone number. The person receiving the payment needs a valide PayPal account. The person sending money is not charged a fee. An individual receiving the money are not charged a fee either. However, business who [...]
Google is preparing to launch a mobile payments system in partnership with MasterCard and Citigoup, Inc., according to a report in today’s The Wall St. Journal. The service is the long-rumored mobile venture utilizing NFC (near field communication) technology, which allows customers to wave or tap their phones at the point-of-sale to pay for purchases. [...]
You’d think that wave-and-pay smartphone technology would be top priority for PayPal, one of the biggest competitors in the mobile payments space. But while big retailers love NFC for its hyper-targeted marketing potential, small businesses that run on payment services like PayPal may actually be interested in mobile payments for something far humbler: customer loyalty. [...]
Online payment company PayPal has opened up its micropayment solution to “game developers, media publishers, or anyone interested in selling digital content on a global scale.” The solution was first announced last October when the company said that the upcoming feature would offer “a competitive fee structure for micropayments, with pricing at 5 percent plus [...]