U.S. Sees Increase In Online Holiday Shopping
Prior to Christmas, comScore put out a report indicating that online
shopping reached a new record in the U.S. Now that Christmas is over,
they've put out a new report putting online holiday spending up to
$35.3 billion in the U.S. That's a 15% increase over last year.
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1 Million Merchants Now Using Square
Square, the other company that Twitter co-founder Jack Dorsey runs,
which offers a device anyone can plug into their smartphones to
accept credit cards, has announced that 1 million merchants are now
Will Google Be Your New Credit Card?
Mastercard and VISA certainly hope not, but Larry Page wants to be
in your wallet. Well, not exactly–he wants to replace your wallet. Last month, when I talked about Google's new strategy–we do everything–I mentioned that Google is working hard to unseat PayPal, the online payments leader, but I think that I undersold Google's ambitions.