PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

More Proof Mobile Commerce is Here

By Mercator Advisory Group
December 21, 2010
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Bank fintech

Bank building interior with office, front desk, waiting room, entrance and self service atm, banking and finance concept

eBay decided to look at how its customers were shipping this year and found, no surprise, that the acceptance of smartphones and apps is good for business. Year over year growth was 146%. In case anyone is still wondering, yes, mobile commerce and mobile payments is where we’re heading and quickly. Who needs a laptop when your Droid or iPhone will do?

What’s most interesting about this news release is that there’s no mention of a rather significant eBay asset: PayPal. With so much attention going to its payments subsidiary, the eBay brand folks had to manufacture a release of their own.

eBay (Nasdaq:EBAY) shoppers went mobile on Cyber Monday, increasing U.S. mobile commerce sales 146 percent year over year, with California, Nevada, Maryland, Pennsylvania and Florida leading the way as the top mobile commerce shopping states. Mobile shopping peaked between 5 pm and 7 pm PST. The strong growth in mobile holiday shopping reflects increasing consumer adoption of mobile commerce, with eBay mobile expecting to generate more than $1.5 billion in gross merchandise volume in 2010, compared to $600 million in 2009.

Read more from the press release:

http://www.businesswire.com/news/home/20101201006462/en

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: Mobile Payments

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    Thirty Years and Counting: Bank of America Renews Alaska Air Deal

    April 22, 2026
    stablecoins

    What Would it Take for Stablecoins to Replace Wire Transfers in B2B Payments?

    April 21, 2026
    Payment Facilitator

    How Banks Are Competing with Fintech Apps for Small Businesses

    April 20, 2026
    ai financial

    Consumers Are Putting More Financial Decisions in AI’s Hands

    April 17, 2026
    cybersecurity frontier ai

    Cybersecurity Must Evolve as Frontier AI Fuels New Fraud Risks

    April 16, 2026
    isos thriving

    In Defiance of the Prognosticators, ISOs Are Thriving Again

    April 15, 2026
    agentic payments

    Beyond the Click: How Agentic Payments Are Redefining Global Financial Flow

    April 14, 2026
    instant payments fraud

    Instant, Irrevocable Payments Demand a Fraud Prevention Reboot

    April 13, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2026 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result