Tag Archives: ebay

Apple Pay reportedly giving users headaches

A new survey found that 2 in 3 users of Apple Pay report having problems using the payment service at checkout. The study was done by Phoenix Marketing International, as reported by Bloomberg on Tuesday. “They’ve created demand, but it can’t be fulfilled,” Greg Weed, Phoenix’s director of card research, told Bloomberg. Weed couldn’t be reached for comment. Bloomberg said the company surveyed about 3,000 people. Apple Pay uses NFC, or near-field communication, technology that enables users of iPhone 6 models to make payments at stores that have upgraded to accept the system. In a separate survey this month, Baird Equity Research found that nearly 40% of iPhone 6 series handset owners have used Apple Pay. The new smartphones only began rolling out in the U.S. and nine other countries on Sept. 19. EBay’s (EBAY) PayPal remains the leading digital wallet, but Apple Pay is making inroads…

This Laser-Like Focus Makes Facebook (FB) Stock A Screaming Buy

By John Divine, InvestorPlace Assistant Editor Facebook Inc ( FB ) stock isn’t cheap by most measures. Up 25% in the last year, shares trade for 75 times earnings, and more than 33 times forward earnings. That’s a steep premium to the S&P 500, which trades for trailing and forward P/Es of 20.5 and 17.6,

Facebook Stock Breaks Out Of Cup-With-Handle Base

Facebook (FB) stock is breaking out to a new high on the stock market today. The social media giant announced on Tuesday that it will let its Messenger app users send money to their friends. Facebook says that the free feature will roll out over the coming months in the U.S. The in-app payment possibility was expected after an eBay (EBAY) PayPal executive joined Facebook to lead its mobile messaging business last June. The new feature competes