Since the ever growing e-commerce has such a strong appeal to the population, big name companies are integrating e-commerce into their companies.In many countries around the world, the smartphones are becoming the standard. With that being so, PayPal recently introduced the worlds first global mobile payments. This allows businesses to accept almost any form of payment and turns smart phones into methods of payment. The e-commerce industry is a multi-billion dollar industry that is still growing. Most companies have already integrated e-commerce into their business models and PayPal is staying a step ahead of most businesses with new advancements.
Also, Ebay is planning to do enhance the way consumers search for goods online. Recently President & CEO of Ebay, John Donahoe says that in the near future, consumers will be able to search for products based on image and not just "keywords". With this, consumers can take a photo with their smartphone and in turn search on Ebay based on their photo. For more information about this, please check out the Extra Information link in the Table of Contents.