In an interview, eBay’s Donahoe provides a few details about the company’s mobile payments trial with Home Depot and how it would expand from five to 51 stores across the country over the next week….
“At his CES keynote yesterday evening, eBay CEO (and new interim PayPal CEO) John Donahoe revealed a number of new mobile payments forecasts for both eBay and PayPal. As we heard from PayPal VP David Marcus a few days ago, PayPal surpassed its expectation of $3.5 billion in mobile payments in 2011, reaching $4 billion for the year. Donahoe said in his keynote that eBay reached $5 billion in mobile GMV (gross merchandise volume) in 2011, doubling 2010′s GMV.”
American Express is using scanning technology to enable merchant rewards programs to be delivered on the fly to handsets.