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Paypal’s mobile payments reached $4B in 2011
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elgato



Joined: 24 Feb 2005
Posts: 17240
Location: Texas

Posted: Thu Jan 12, 2012 4:57 pm    Post subject: Paypal’s mobile payments reached $4B in 2011  

Paypal has confirmed it reached $4 billion in mobile payments last year.

If you need one example that epitomizes the massive potential in mobile payments, you need only look at PayPal.

The online payment company racked up $4 billion worth of mobile payments last year, a huge jump from $750 million in 2010, PayPal mobile vice president David Marcus told VentureBeat in an interview today.

Putting the figure in an even crazier perspective, tallied up a mere $141 million in mobile payments in 2009.

http://venturebeat.com/2012/01/10/paypals-mobile-payments-4b-2011/
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luckyalive



Joined: 27 Apr 2008
Posts: 590

Posted: Fri Jan 13, 2012 11:39 am    Post subject:  

I wonder how long it will take Apple to wipe them off the map once Apple fully expands its payment service?
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