Tag: paypal

Mobile commerce competition expected to heat up

| October 30, 2013

Amazon and eBay may clash in the mobile commerce field

Competition in the mobile commerce field is nothing new. Technology firms from around the world are competing with one another in order to develop the next great mobile commerce platform while retailers are working to engage mobile consumers through their own platforms. The popularity surrounding mobile commerce has lead to the emergence of a vast multitude of startup companies that seek to benefit from the success that can be found in the mobile field.

Both companies have high hopes for mobile commerce

Mobile commerce competition may reach a new high as two of the sector’s largest players begin to clash. Both Amazon and eBay boast of a commanding presence in the mobile commerce field. Amazon’s retail power and eBay PayPal division have made the two companies quite formidable, but the two had little occasion to clash in the past. Now that mobile commerce has become a global phenomenon and has shown no signs of slowing down, however, Amazon and eBay are expected to vie for supremacy within the field.

Mobile commerce competition heats upNew service from Amazon aims to make mobile payments more convenient

Amazon recently launched its Login and Pay service, which is meant to make mobile payments more convenient for online shoppers. This service is available to retailers and used to make retailers more accommodating of the needs of mobile consumers. The service itself is quite similar to that offered by PayPal and both Amazon and PayPal feature robust anti-fraud capabilities designed to make the mobile commerce sector somewhat more secure. Amazon may be able to compete with PayPal in the mobile space with its new service, especially as eBay focuses more on expansion rather than the development of new services.

Online sales in the US expected to reach $328 by end of 2016

In the U.S., online sales are expected to reach $327 billion by 2016. PayPal is currently the leading online payment processor, accounting for $7.7 million in transactions on a daily basis. There may be plenty of room for Amazon and eBay to grow into the mobile commerce field side by side, but the two companies share a large consumer base. Both appeal to the same demographic as one another, making it difficult for either company to exist in without competing with one another in some way.

eBay continues to work to establish lead in mobile commerce

| October 29, 2013

Retailer aims to bolster presence in mobile commerce

Prominent online retailer eBay is poised to expand its presence in the mobile space, according to the company’s new chief product officer, RJ Pittman. The newly hired Pittman recently left a position with Apple in order to pursue new opportunities. Pittman garnered acclaim in his field for developing Apple’s popular storefront and may be a powerful addition to eBay’s staff. The retailer has been working to bolster its presence in the mobile space in order to hold more sway over mobile commerce.

The mobile space has become a priority for eBay

Mobile commerce has become a major focus for eBay due to its popularity with consumers. Many people favor mobile commerce over more traditional forms of commerce because it is more convenient for them to shop online rather than in person. Retailers like eBay offer comprehensive mobile infrastructures that make it easy for consumers to shop on their mobile devices, thereby making it more likely for them to purchase products online. While eBay currently boasts of a significant presence in the mobile field, the retailer is prepared to increase this presence significantly in the near future.

eBay mobile commercePittman to focus on improving services

Pittman is currently working to improve eBay’s payment process in order to make it friendlier to mobile users. The retailer already has the backing of PayPal, which is an eBay subsidiary, and Pittman believes that the services offered by PayPal could be put to better use by its parent company. PayPal’s recent acquisition of mobile commerce pioneer Braintree may have some impact on Pittman’s plans as the acquisition provides PayPal, as well as eBay, access to powerful mobile commerce technology.

eBay aims to bring mobile commerce to physical stores

While eBay expects that mobile commerce will have an impact on online shopping, the retailer intends to leverage the power of the mobile space to make shopping in physical stores more engaging. Consumers may be growing more reliant on their mobile devices, but that does not mean they are abandoning physical stores. Ensuring that traditional retailers can accommodate the needs of mobile consumers by embracing mobile commerce has become a priority for eBay.