"As the largest retail mobilepaymentplatform in the U.S., we're excited and proud to accept payments with Square, " said Howard Schultz, Starbucks chairman, president and ceo.
This represents 19% of global e-Commerce and just 2% of global commerce, leaving generous room for upside. eBay itself is becoming a formidable third-party reseller or marketplace ala Amazon in its own right. eBay has moved beyond a person-to-person auction site to become a formidable marketplace and mobilepaymentplatform. eBay has appreciated from its IPO over 7, 000%.
American Express and Verizon Wireless today announced they will integrate Serve, a next-generation digital payment and commerce platform, on many Verizon mobile phones and tablets.