Around the Net
More Mobile Payment Consolidation Seen
- Motley Fool, Thursday, March 12, 2015 12:21 PM
2015 is already shaping up to be the year when mobile payments move out of Starbucks and into the mainstream. Apple (NASDAQ: AAPL) released its payment service last fall, and Samsung and Google just announced payment platforms of their own at Mobile World Congress. Meanwhile, digital payments leader, PayPal, is not sitting idly by as more competitors move into its territory. While the soon-to-be-separated eBay subsidiary has had trouble shifting to mobile, its latest acquisition will help defend its turf. The payments company recently acquired Paydiant, the company behind the CurrentC app, designed byWal-Mart, Best Buy, CVS, and other members of the Merchant Customer Exchange.
