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 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 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

    Fraud Monitoring, Nacha ACH Rules

    Nacha’s Upcoming Rules Refresh Is All About Improving Clarity

    September 10, 2026
    instant payments for financial institutions

    Why Haven’t More Financial Institutions Adopted Instant Payments?

    September 9, 2026
    complex debit

    Regulation, Economics, and Technology: The Complex World of Debit

    September 8, 2026
    agentic commerce

    Biometrics Are Here. Agentic Payments Aren’t—Yet.

    September 4, 2026
    swift cross-border

    P2P Payments Have Changed How Consumers Move Money. What’s Next?

    September 3, 2026
    holiday prepaid

    The Holiday Gift Card Outlook: Why Repeat Buyers Matter Most

    September 2, 2026
    co-branded debit cards

    A New Generation of Consumers Is Changing the Role of Debit Cards

    September 1, 2026
    BNPL for credit unions

    How BNPL Is Helping Credit Unions Strengthen Member Relationships

    August 31, 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