Tuesday, January 31, 2012

Mfarhanonline:eBay CEO: NFC Payments Need Standardization to Succeed VIDEO

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Mfarhanonline Social Media News: Mfarhanonline’s Davos coverage is presented by BMW i , a new concept dedicated to providing mobility solutions for the urban environment. eBay CEO John Donahoe sat down with Mfarhanonline CEO and founder Pete Cashmore to talk about the future of ecommerce and mobile commerce at the World Economic Forum in Davos, Switzerland, as part of Mfarhanonline and Scribd’s Documented@Davos series. In 2012, Donahoe expects to see even more people making mobile payments and buying things online on their mobile phones. He said that eBay’s mobile app now boasts 65 million users that did $5 billion in business in 2012. He mentioned that 2,300 cars were purchased every week on the mobile app as well. “People are shopping in line at Starbucks, or when they’re bored at a meeting in work,” Donahoe said. Donahoe said that eBay acquired RedLaser, a barcode scanning app that allows users to compare prices in the store with prices online. He added that the app now has the capability to cross-check prices at other stores based on your location. “The line between e-commerce and retail is blurring rapidly. People are shopping in between retail and online,” he said. Donahoe also added that PayPal can be used at some stores now, ahead of near field communication (NFC) , which he doesn’t believe will be widely adopted until it is standardized. Do you shop eBay or use apps like RedLaser to find good deals? Tell us in the comments. Documented@Davos Mfarhanonline is working with Scribd on a program called Documented@Davos , where we'll be interviewing young leaders, technology pioneers and forward-thinking organizations to share the important issues being discussed at Davos with everyone online. You can follow along with the hashtag #DavosDocs . Here’s the lineup of leaders who will be interviewed ! for Docu mented@Davos : Coverage presented by BMW i Mfarhanonline’s Davos coverage is presented by BMW i , a new concept dedicated to providing mobility solutions for the urban environment. More About: Digital Davos , ebay , ecommerce , features , Mfarhanonline , mobile payments , nfc , paypal For more Business coverage: Follow Mfarhanonline Business on Twitter Become a Fan on Facebook Subscribe to the Business channel Download our free apps for Android , Mac , iPhone and iPad Social Media reviews series maintain by Mayya

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http://www.mfarhanonline.com/2012013140211/ebay-ceo-nfc-payments-need-standardization-to-succeed-video/

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