According to reports, PayPal is putting eBay Inc. (NASDAQ: EBAY) on its back as it continues to see a high rate of success. In the second quarter, the mobile payment platform added over 4 million accounts, which ultimately led to a 29% growth in payment volume as compared to a year ago. This also set PayPal over 150 million accounts. To read the full report, please click here: http://www.forbes.com/sites/greatspeculations/2014/07/18/paypal-carries-ebays-weight-marketplaces-segment-will-bounce-back-soon/
Also in the digital currency sector, Amazon.com Inc. (NASDAQ: AMZN) recently released a smart wallet of its own, which comes in the form of an application available on the Apple Appstore and Google Play. However, users won't actually be able to make purchases using the app, but rather, will be able to store rewards and gift cards. To read the full story, please click here: http://mashable.com/2014/07/22/amazon-wallet-app/
|SOURCE FN Media Group, LLC|
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