Around the Net
PayPal Challenged as NFC Grows
- Mobile Commerce Daily, Thursday, October 2, 2014 1:13 PM
EBay’s decision to spin-off PayPal – something company executives insisted was not in the works just months ago – reflects just how quickly mobile payments are heating up following Apple Pay’s launch, renewing enthusiasm for near-field communications technology. PayPal is one of the early success stories in mobile payments, with strong consumer adoption enabling it to process approximately $20 billion in mobile payments volume last year.
