In the past five years, technologies have changed rapidly driven by advancements in mobile devices including the smartphone and the tablet computer.<\/p>\n
According to a recent talk given by eBay president and CEO John Donahoe at the Digital Life Design conference in Munich, retailers should expect to see continued evolutions in their retail point-of-sale software as well, the website Venture Beat reports.<\/p>\n
"I believe that you’re going to see more change in how consumers shop and pay … in the next three years, than we’ve seen in the last 20 years," Donahoe told conference attendees, according to the source.<\/p>\n
Much of this change will be driven by retailers' need to adapt to multichannel shopping opportunities and the ability of consumers to now research products in-store on their mobile devices. Donahoe called 2012 an "inflection point in retail, shopping and paying."<\/p>\n
Target recently took action against a mobile practice it considers detrimental to its business – "showrooming," or checking out products in-store to then purchase them online for cheaper.<\/p>\n","protected":false},"excerpt":{"rendered":"
In the past five years, technologies have changed rapidly driven by advancements in mobile devices including the smartphone and the tablet computer. Continue reading