Game Changer for Groupon?

Groupon (Nasdaq: GRPN  ) shares were up more than 13% Wednesday morning, thanks to its launch of a new mobile payment system in the U.S.

This should prove attractive to businesses, as Groupon will pocket a lower transaction fee than eBay's (Nasdaq: EBAY  ) PayPal.

It's still too early to tell if this will upend the likes of PayPal, Square, and other mobile payment systems, but it's a much-needed expansion to Groupon's business model.

 

Watch the video segment below for the MarketFoolery team's insights on this potential game changer for Groupon. And if you're looking for something different, then you should check out our new free report, The Motley Fool's Top Stock for 2012. In it, our chief investment officer identifies his favorite company for the year. To access the report before the rest of the market catches on, click here -- it's absolutely free.

Chris Hill owns shares of eBay. Joe Magyer owns shares of eBay. Tim Hanson has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend eBay. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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  • Report this Comment On September 21, 2012, at 5:34 AM, Hugo31 wrote:

    Groupon is doing mobile payment ? So what ?

    Just remaind that in 2 month time half of the Groupon partners won't reconduct a deal, the survey i refers to was not accompting the disapointed customers that will leave Groupon ...

    So, how can you engage partners to your service if they fell bad about your company ?

    Furthermore, that the mobile payment is already saturated with a dozen of square chalengers ...

    What to say about the payment lowest rate ? Paypal and square will probably re ajust theres to fit the market ...

    And by the way, this obsession for Groupon to try so many different business type demonstrate to me how confident they are on there core business, the Daily Deal ...

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