The team behind design sales site Fab.com was outraged to discover a U.K.-based rival that seems to mimic not only their business but also their look. But outrage may not be enough to stop Germany’s Samwer brothers from going big with their latest clone. Read More »
Tech
PayPal has said this year will be a learning year as it rolls out its in-store payment system. But that doesn’t mean it will all be small pilot programs this year. A company spokesman told Bloomberg that it expects to be in more than 2,000 Home… Read More »
PayPal is lining up deals with payment solution providers to help quickly scale its upcoming in-store payment system. It has struck an agreement with Ingenico, whose point of sale terminals will soon be able to handle PayPal transactions. Read More »
EBay’s mobile business is growing so fast, it doesn’t even know how to predict what to expect months into the future. It’s now predicting it will do $8 billion in gross merchandise value and PayPal will do $7 billion in mobile payment volume in 2012. Read More »
PayPal is taking a big step forward with its in-store payment system by partnering with AJB Software Designs, which helps connect the point of sale terminals at many top retailers to payment processors and financial institutions. AJB is in use by 20 percent of top retailers. Read More »
PayPal president Scott Thompson’s departure for Yahoo highlights the changing face of eBay, which increasingly looks at PayPal as its crown jewel. And who better to safeguard that than eBay CEO John Donohoe, who has announced he will take over PayPal as interim president. Read More »
PayPal isn’t just building out a point-of-sale transaction network. It’s looking to engage consumers well before they set foot in a store. The company says its WHERE location-based ad network will be key in helping merchants attract consumers into their stores with deals and offers. Read More »
EBay is continuing its buying spree, snapping up Germany’s BillSafe, a payment-by-invoice provider. The new acquisition will be rolled up into PayPal, which made a minority investment in BillSafe last year and collaborated on a joint online invoice payment solution for e-commerce customers. Read More »
One of the interesting shopping trends this year the emergence of mobile devices helping front-load more online holiday sales, as shoppers aren’t waiting for those two days to kick off their spending. It’s another way in which mobile is redefining holiday shopping. Read More »
The 2011 holiday season that was kicked off earlier today (Black Friday) is proving to be a big boost for m-commerce as shoppers are using their smartphones, mobile apps and other devices to go bargain hunting according to various sources. Its the season of couch commerce. Read More »
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