That whole closed loop from promotion to actually closing a transaction has really rendered point of sale dead, because there’s really no point of sale any longer — they’re all multiple points of service which starts from the time you’re browsing the web, to the time you’re near a store, to the time the purchase is complete.
EBay tallied 153 percent more mobile transactions this year than it did on Black Friday in 2011. PayPal spiked even higher with mobile owners. Black Friday 2012 brought about a 193 percent increase to PayPal mobile payments over the previous year.
Read more at http://venturebeat.com/2012/11/24/ebay-paypal-black-friday/#4TSaxVPMu3bw3weV.99
How good is this? PayPal offering price matching to customers who pay with PayPal
PayPal (s ebay) is getting even more aggressive in courting consumers with the rollout of new holiday promotions for cost-conscious shoppers. Now, consumers can get price-matching, free return shipping and six-month financing on purchases online or in-store through the end of the year.
When a purchased product is advertised for less by any merchant within 30 days, consumers who pay with PayPal can get reimbursed the difference. They need to fill out a request and submit a copy of their receipt and the advertisement to get reimburse. Users can get up to $1,000 in total price matching through Dec. 31 and up to $250 on any one item. This applies to airline tickets that go on sale within seven days.
PayPal is also offering free return shipping on products. Consumers who file a claim will get a pre-paid shipping label within five days or they’ll get a refund in their…
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PayPal has been around for awhile, not quite Dinosaur stage yet, but it is still innovating!