eBay acquires mobile app developer StackMob

Friday 20 December 2013 09:16 CET | News

eBay has acquired StackMob, a mobile app developer, to enable customers to pay with mobile devices.

The acquisition of StackMob is set to enable PayPal, eBay’s online payments service to increase its presence in mobile commerce apps and enhance its mobile payments solutions.

Terms of the deal were not disclosed.

In recent news, UK-based online payment services provider Optimal Payments has launched an integrated payment processing and fraud management solution for online retail clients of Magento, an e-commerce platform owned by eBay.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: eBay, acquisition, mobile app developer, StackMob, pay with mobile
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

Industry Events