In these "News of the Day" entries I try to capture the biggest news items that are the most relevant to readers of the Thagent blog. Today we have two significant pieces of news:
Wal-Mart's eCommerce offering rose 30% in the first half of 2013
http://www.internetretailer.com/2013/08/15/wal-marts-online-sales-increase-30-first-half-2013
Facebook is entering the mPayment space:
http://www.mediapost.com/publications/article/206914/facebook-getting-into-m-payments-sure-pile-on.html#axzz2c9OQKKxs
Interesting news in both cases. Wal-Mart wants to sell all things to all people. They are using online commerce, eCommerce, to get there and it is having success.
Facebook already has a fairly ubiquitous mobile login process, login through Facebook, and now they want to tie mobile payments to that same concept. Interesting. It could work well for many people, but what about non-Facebook users and what about mobile acceptance?
Have a great weekend,
J.W. Gant
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