What Does PayPal Spin-Off Mean for E-Commerce?

mobile payment solutionsThe announcement that eBay, one of the world’s largest e-commerce retailers, would spin-off leading online payment processor PayPal that it acquired in 2002, as a separate entity did not come as a surprise to many in the industry. It is anticipated that the move will provide PayPal with the ability to compete more effectively to meet the demands of a fast growing e-commerce and mobile payment industry.

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Overwhelming Majority of Website Visits from Mobile Devices

optimising websites for the mobile webThe number of website visitors from mobile devices now exceeds desktops. More than 75 percent of Australians are using their mobile devices to surf the web, according to a report from IDG Magnaglobal. “We  recorded  30%  penetration  of smart phones in  2010 and  this  has  shot  to  70%  currently,”  said Victor Corones, managing director, MagnaGlobal. “However  we  are  seeing  slower  growth  into  the future  and  between  now  and  2015 smart  phone  ownership  will  grow  another  8%.”

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