Latest Headlines

Latest Headlines

Retailer confusion hampers PayPal mobile wallet trial

A recent PayPal mobile wallet trial in a New Jersey mall suggests both retailers and consumers remain confused by how the service works.

US mobile payments to reach $12.8 billion by 2017, says Forrester

Mobile payments in the United States are predicted to increase at a 48 percent compound annual growth rate, from $12.8 billion spent in 2012 to $90 billion by 2017, according to the latest research from Forrester.

eBay forecasts 2013 mobile commerce volume will eclipse $20B

eBay anticipates its mobile payment volume will exceed $20 billion in 2013. The company also said its PayPal unit will handle around $20 billion in mobile transactions this year. The figures are up significantly from what the company reported for 2012.

PayPal scores access to NCR's mobile payment customers

PayPal is partnering with retail and hospitality services firm NCR to offer consumers new mobile payment options at restaurants and retail stores.

PayPal expands mobile wallet to more retailers, tests order-ahead pickup

PayPal is extending its fledgling mobile wallet service to five additional U.S. retail partners, increasing the number of physical stores supporting the payment processing technology to 18,000.

Square adds Apple Passbook support with mobile gift card launch

Square is rolling out a new mobile gift card service integrated with Apple's Passbook virtual wallet application.

PayPal Here goes on sale at AT&T stores

PayPal is now selling its PayPal Here credit card reader at 1,800 AT&T Mobility stores across the country. The partnership represents PayPal Here's first U.S. retail deal.

eBay credits mobile user growth, PayPal for boosting Q3 revenues

eBay reported revenues of $3.4 billion for the third quarter of 2012, up 15 percent over the year-ago quarter. 

Groupon battles Square, PayPal with new mobile payments platform

Groupon is rolling out a new mobile payments processing platform that promises lower merchant costs than rival efforts from Square and PayPal.

PayPal expands mobile payments app to Microsoft's Windows Phone

PayPal is rolling out a mobile payments application optimized for Microsoft's Windows Phone operating system. The app joins PayPal's existing mobile services for Apple's iOS and Google's Android.