“We had a great finish to an excellent year, with fourth quarter results exceeding our expectations,” said eBay president and CEO John Donahoe.
PayPal surpassed its goal of adding 20 national retailers onto its in-store payment platform.
PayPal now offers pre-paid cash cards for people who rely on cash, but want to shop online.
It’s getting to be a tough market in mobile commerce. Google and Apple are both out with solutions that approach digital wallet status, upstart startups like Square are claiming merchant mindshare, and the original mobile payments company, PayPal, is having to forge a path from the desktop to the smartphone.