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American Express announced that it will offer to AOL’s Patch a digital payment and commerce platform dubbed Serve. Customers will be able to register for Serve accounts via hundreds of Patch sites.

Patch will also offer users the ability to redeem local deals and transact with local merchants via the American Express network. Through the partnership, local merchants will be able to post offers online in a more streamlined, effective way, and consumers will benefit by redeeming offers at the point of sale.

Automatic savings, rebates, discounts, and reward points specialist Offermatic announced a new business model for deals and offers which completely changes the way consumers save money, and how merchants acquire and retain customers.

Steve Yankovich of eBay who is responsible for mobile initiatives, hopes to make eBay the first place that people look on their phones when searching for a product to buy.

"I want to replace Google as the de facto 'Where do I start,'" he said.

Until the middle of last year, eBay users couldn't make a purchase from their mobile phones. They could bid on auctions, but if they won they had to pay later. There was no option to purchase non-auction items immediately, either.