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Commerce Fault Line

The "New and Improved" PayPal

Posted by Patrick Gauthier on 26 March 2010 | 5 Comments

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Recent announcements show how PayPal is taking on the mantle of Innovation Leader in the payment industry

Last week was again rich in announcements for PayPal with the launch of a new Bump-enabled iPhone application and a strategic agreement with China UnionPay. As I mused over both, I started to assemble a broader view of the transformation of PayPal as it has been playing out since last September, pointing out to a marked shift in the center of gravity of payment innovation.

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Is Visa Becoming Serious about Mobile?

Posted by Patrick Gauthier on 24 February 2010 | 2 Comments

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Visa's appointment of industry veteran Bill Gajda is an important signal, but structural challenges to innovation will have to be addressed.

Ever since its Initial Public Offering prospectus Visa Inc. (NYSE:V) has made no mystery of the importance it thought mobile payments would have in its future. Yet, judging from its press releases over the last 18 months, the company was struggling to define and implement a vision of why and how. Interestingly, the only significant allocation of resource to mobile payments came from Visa Europe, which announced earlier this month its intention to invest 200 million Euros.

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Why Paypal May Do to Payments What Apple Did to the Mobile Ecosystem

Posted by Patrick Gauthier on 7 January 2010 | 4 Comments

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PayPal Will Open Up the Walled Garden of Payments

The 4th quarter of 2009 is definitely starting to feel like the dawn of a new age for e-commerce, with many attempts to integrate commerce with social computing and mobile use cases. Many companies are vying for a spot as the primary gateway to payments, thus fueling a new round of innovation.

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