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February 2, 2017

PayPal processes USD 31 bln in mobile transactions in Q4 2016

PayPal processed a total of USD 31 billion in mobile payment volume in the fourth quarter of 2016, according to the company’s latest financial report. This figure represents an increase of 53% over the same period in 2015. Mobile payments represented 31% of the company’s USD 99 billion in payment…

Mobile wallet spend to rise over 30 percent in 2017

Global spend via mobile wallets is expected to rise by nearly 32% to USD 1.35 trillion, a new study from Juniper Research has found. The study, Mobile Wallets: Service Provider Analysis, Market Opportunities & Forecasts, has found that spend is currently concentrated in the Far East & China, due primarily…

Amazon, PayPal discuss future partnership to boost ecommerce business

Amazon and PayPal have discussed the possibility that the online retail company to support PayPal payments at checkout. Amazon offers credit and debit cards, gift cards, and Amazon.com store cards as payment methods. Customers can also link their checking accounts to the site to make quick purchases. PayPal grew to…