PayPal Says It’s Full Speed Ahead on Mobile Payments After President Resigns

PayPal’s VP of Mobile David Marcus makes the case for why its mobile payments strategy will prevail in a market surrounded by incumbents.
PayPal asks you to enter your phone number and pin.

Here’s How PayPal Is Pitching Mobile Payments to Major Retailers (Slideshow)

Check out the photos from a recent visit to PayPal’s San Jose headquarters, where AllThingsD got an exclusive peek at the company’s brand-new “Shopping Showcase.”
The push notification talk you into stopping at nearby coffee bar.

Microsoft Finally Dumps Deal Provider Now Owned by Google

Microsoft has inked a new partnership with 8coupons to replace The Dealmap, which had been providing local offers to Bing Deals for about nine months.
bingdeals

WhaleShark Catches $150 Million Round to Invest in Couponing Craze

WhaleShark Media has raised $150 million in venture capital to continue buying up coupon-oriented sites around the globe.
coupons in a bag_sdc2027

Prepare to Pay More if You Don’t Want Ads on Your New Kindle

Amazon is using advertising to subsidize the cost of the hardware, so be prepared to pay up to $40 more if you don’t want to see offers on your device’s screensaver.
Kindle touch

News Byte

Amazon to Deliver Daily Deals Via Kindle Screen Saver

Owners of Amazon’s advertising-subsidized Kindle with Special Offers models will soon be getting even more special offers when the company starts sending AmazonLocal daily deals to the e-reader’s screen saver during idle moments. The offers will begin in New York City and spread from there (and with any luck, the targeting will improve).

News Byte

Google Launches Offers in San Francisco and New York

After seeing some early success in the daily deals space in Portland, Ore., Google has rolled out Google Offers in three additional markets. This morning it launched in two San Francisco markets — The City and the East Bay — and New York City. In San Francisco, it was offering $4 off at Bob’s Donut & Pastry Shop. Google’s Offers business is a precursor to rolling out mobile payments.

Amazon Taps LivingSocial to Enter Daily Deals Space — For Now

Amazon has begun its steady march into the daily deals business by tapping the expertise of LivingSocial, the second-largest provider in the space behind Groupon.
amazonlocal_garage

News Byte

Travelzoo's Stock Takes Off After Stellar First-Quarter Results

Travelzoo, which publishes travel deals after validating their true value, reported stellar first-quarter results today, leading its stock price to jump by $17, or 23 percent, to about $91 a share. The New York company said first-quarter revenues were up 30 percent over last year, with North American sales growing at its fastest pace in four years. Europe saw the highest quarterly subscriber growth ever and returned its first significant quarterly profit. Excluding a one-time cash expense of $20 million, Travelzoo reported a profit of $6 million, up 144 percent year over year.

Gap Partners With Visa to Send Location-Based Offers to Your Phone

Here’s another variation on the idea that we will one day get offers sent to us on our phones when we are in the vicinity of a retail store. This time it’s from Visa. And, this time, it requires no application download and very little user engagement.

Watch an Ad, Make a (Virtual) Buck