mobile payments

eBay quarterly earnings see PayPal exploding

eBay quarterly earnings see PayPal exploding

There's no denying that eBay has been a force to be reckoned with in the online auction space here on the web for quite a few years - and today's earnings report supports that claim with a fury. That fury, on the other hand, is really based quite a bit on the power of PayPal, the online payment system acquired by eBay when it was clear that they were made for one another. As eBay grows, so too does PayPal - but the overall growth of the two looks just a bit sheepish compared to the growth of just PayPal alone.

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Pew Internet study: mobile payments will be ubiquitous in 2020

Pew Internet study: mobile payments will be ubiquitous in 2020

Eight years from now, taking our your wallet at the grocery store may make you look as outdated as the act of pulling out a cell phone and "flipping" it open is today. The majority of Americans believe that the majority of Americans will be fully engulfed in the world of mobile payments by 2020. Yes, it was kind of a circular question, but 65% of people said they believe the majority of Americans will embrace the mobile wallet.

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Facebook’s next app grab is TagTile

Facebook’s next app grab is TagTile

The cash Facebook has on hand isn't nearly ready to run out, this evidenced by the purchase this week of TagTile, a startup dedicated to making mobile payments as easy as possible. This company's purchase comes amid Facebook changing the mobile landscape by picking up Instagram for a whopping 1 billion dollars. Neither Facebook nor TagTile have yet announced the purchase price for the latter company as yet, but in that Facebook today launched their coupon program called Facebook Offers just this morning, we're guessing it wasn't a cheap pick-up (if TagTile was smart, that is.)

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Starbucks mobile payments hit 42 million

Starbucks mobile payments hit 42 million

Anyone who has to question the viability of using a smartphone instead of a credit card to pay at the register need look no further than Starbucks, a company that has already been allowing customers to do just that for more than a year. And in those past 15 months, it has managed to process 42 million mobile payment transactions. Not bad for a little coffeehouse, right?

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Google Wallet co-founder jumps ship to Square

Google Wallet co-founder jumps ship to Square

The man who co-founded the Google Wallet mobile payment platform and was instrumental in setting up the core of its technology has now left Google and will be working for a competing payment platform, Square. Square has gained significant traction for its frictionless credit card reader that lets iPhone owners accept plastic payments anywhere, anytime, and they pay nothing except a small transaction fee for every purchase.

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PayPal launches new tiered structure for business, seamless product integration

PayPal launches new tiered structure for business, seamless product integration

With all the new products and services PayPal has launched over the last several months, the company has now taken the organizational step of making sure all those new platforms are available and easily accessible to users, particularly those in the world of small and medium-sized business. The bottom line is that PayPal will now offer a free level as well as an Advanced tier and a Pro tier.

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Google slips TxVia into its Wallet

Google slips TxVia into its Wallet

Google has purchased a company called TxVia to beef up its Google Wallet service. TxVia is a payment technology company the Google says will help accelerate its vision to the full Google Wallet experience. TxVia is a technology pioneer according to Google with technology for fast, flexible, and reliable payment platforms.

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Global Payments hacked, 50,000 cardholders at risk

Global Payments hacked, 50,000 cardholders at risk

Global Payments, a third-party payment card processor, has been hacked this morning, according to sources who spoke to the WSJ. The security breach puts nearly 50,000 Visa and MasterCard holders at risk. Both major credit card issuing agencies have alerted customers and asserted that their own systems are still secure.

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PayPal’s mobile VP promoted to president

PayPal’s mobile VP promoted to president

If you needed another indication that mobile payments are PayPal's future, David Marcus is all the proof you need. Marcus was the top dog in the company's mobile division, and under his leadership a whole bevy of new mobile initiatives have launched. Now, he'll oversee the entire Ebay-owned online payment platform. Ebay announced the structural change today, and it means PayPal will continue to steam ahead in this still-nascent market.

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Fandango says Hunger Games set records

Fandango says Hunger Games set records

The Hunger Games is beaming with pride after it set multiple records in its first few days in theaters. Among the most impressive was that, raking in $155 million, it had the highest opening weekend at the box office for a non-sequel. It performed at levels usually reserved for established movie franchises like Harry Potter or Star Wars. In addition, Fandango is saying that its ticket purchasing platform was more popular than ever.

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