PayPal’s mobile VP promoted to president
If you needed another indication that mobile payments are PayPal’s future, David Marcus is all the proof you need. Marcus was the top dog in the company’s mobile division, and under his leadership a whole bevy of new mobile initiatives have launched. Now, he’ll oversee the entire Ebay-owned online payment platform. Ebay announced the structural change today, and it means PayPal will continue to steam ahead in this still-nascent market.
Marcus knows his stuff when it comes to mobile payment technology. He owned a company called Zong, which specializes in authorizing customers to bill payments to their mobile carrier. PayPal acquired Zong last July, and as part of that deal Marcus began pioneering a lot of big changes for the site. For starters, PayPal now has a physical card-reading solution that lets customers accept credit card payments directly into their PayPal account in a physical, retail point-of-sale.
PayPal also now supports things like mobile check desposits and near field communifcation (NFC) support for contactless payments between account holders. “With David [Marcus] at the helm, we will have an even deeper commitment at PayPal, and across eBay Inc., to be a leading technology-driven and customer-focused product innovation company,” said Ebay CEO John Danahoe in an official blog post this morning.
via [ slashgear ]
Also on Blogsteady
- Free Xbox 360 with a PC purchase
- Anonymous China hacks government websites in protest
- Angry Birds cartoon set for autumn debut
- Ashton Kutcher to play Steve Jobs in Indie Bio Pic
- Obama administration announces $200 million 'big data' research and development initiative
- Verizon to offer integrated video service
- The President now pinning on Pinterest
- The BBC rolls out new ‘responsive’ mobile site, tailoring news layout to suit multiple devices
- Foxconn is recruiting 20,000 workers for next iPhone production, facing strikes
- High school student uses Twitter to land porn star prom date, school objects
- HP Combines Printers And PC Divisions Into The Printing and Personal Systems Group
- Pirate Bay Torrent drones could soar over piracy rules
- The Pirate Bay Plans Robot Drone Servers to Dodge Law Enforcement
- Mozilla loses Web technology guru Chris Blizzard
In Case You Missed It
3/29/2012 | Labels: Web |
0 comments:
Post a Comment