Mobile was a bright spot for eBay in the second quarter

07/19/2013 | MobileCommerceDaily.com

Mobile was a standout platform for eBay and PayPal in the second quarter, even as the company's overall results lagged expectations, according to the company. EBay released few details, but PayPal is considered one of the global leaders in mobile payments, with projected volume of $20 billion this year. "PayPal is in a very exciting position to hold the payment credentials for both the physical and cloud purchases," said Gary Schwartz, author of "The Impulse Economy."

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