Tag: vodafone

PayPal is looking to grow off the swell of the mobile commerce market

PayPal is looking to monetize its Venmo division

PayPal is attempting to successfully monetize Venmo after having acquired the mobile payments firm in 2013, hoping to take advantage of the growing popularity of mobile commerce. Venmo has gained popularity among consumers as it allows them to send and receive payments amongst one another. The service blends the mobile commerce world with social elements, which has given it a competitive edge over other services that have sought to establish a foothold among mobile consumers.

Venmo processed $7.5 billion in mobile payments in 2015

In 2015, Venmo processed some $7.5 billion in mobile transactions, a 213% increase over what it had processed in 2014. This is only a fraction of the $282 billion in payments that PayPal processed last year, but Venmo is seeing aggressive growth. PayPal wants to monetize the service by allowing them to spend money through Venmo rather than only being allowed to transfer money to one another. Over the coming months, this aspect of the service is expected to mature and become well liked among consumers interested in mobile commerce.

PayPal is looking to expand into European markets to support mobile transactions

Mobile Commerce - PayPal to growApart from Venmo, PayPal is looking to expand on various fronts in the mobile payments field. At this year’s Mobile World Congress, PayPal announced a new partnership with European telecommunications company Vodafone. Through this partnership, millions of PayPal’s European customers were able to use their Android devices to make purchases using the Vodafone Wallet service. This service is expected to break into several European markets in the coming months.

PayPal is establishing a stronger foothold within China

PayPal has also extended its partnership with Alibaba, the largest e-commerce group in China. Together, the two companies have launched a new pilot program, through which retailers can accept PayPal payments. This program is tailored for merchants that want to sell products through Alibaba Wholesale, providing them with a way to effectively connect with mobile shoppers. This may be good news for PayPal, as China is one of the world’s fastest growing mobile commerce markets.

Vodafone WiFi calling to launch throughout the United Kingdom

Customers with the mobile network will soon be able to make and receive calls without limitations or apps.

Across the United Kingdom, customers with Vodafone will soon be able to take advantage of WiFi calling that will be available without needing to use any special apps, and without any restrictions on who they will be able to call.

The telecom is rolling out this service nationwide to reduce problems associated with cell signals.

Vodafone has stated that by making WiFi calling available to its customers, then they will not be limited by places that their cellular signals can’t reach. This way, customers will be able to place and receive calls from well inside buildings, from rural areas, and even while taking the London Underground. Any place with a WiFi connection will open up the ability for these device users to be able to use the service. This service is rolling out across the country over the span of the next few weeks.

The WiFi calling will be available to Vodafone customers at no additional charge and without plan changes.

WiFi CallingThe service will be available by way of a range of different leading smartphones and mobile technology devices. According to Vodafone UK consumer director Cindy Rose, “Our wi-fi calling service allows customers to talk to loved ones, friends and colleagues for longer and in many more places.” She also stated that it is simple for customers to use and it won’t cost them any more money on their plans. “It works wherever a customer is connected to wi-fi, in a café, at home or the office, and automatically connects just like a normal call when a mobile signal is weak or non-existent.”

This WiFi calling feature is only a part of a broader spectrum of efforts that Vodafone has been making to enhance its voice network. This has also included the nationwide launch of HD Voice Technology, as well as the rollout of 4G+, as well as the Vodafone Rural Open Sure Signal program. The goal of that last program is to ensure that even remote communities will be able to enjoy coverage for their mobile devices.