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Amazon puts an end to its own mobile payments project

Amazon puts an end to its own mobile payments project

(adsbygoogle = window.adsbygoogle || []).push({}); Amazon Wallet has been cancelled due to poor reviews and performance Amazon has put an end to testing its own mobile payments service, which was called Amazon Wallet. The company had seen promise in the mobile commerce space and had wanted to offer its own payment platform in order to compete with others that had done the same. Unfortunately, Amazon Wallet received relatively poor reviews among its test audience, leading Amazon to … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Payments

Converged payments could make mobile payments more attractive

Converged payments could make mobile payments more attractive

Mobile transactions continue to gain momentum among businesses and consumers Mobile payments are becoming more common, but there are some challenges that are standing between this form of commerce and mainstream acceptance. One of these challenges has to do with a diversified infrastructure. There are many mobile payment services currently available, most of which use their own payment infrastructures. The emergence of new currencies, such as Bitcoin, is complicating this matter, creating yet more division in … Read entire article »

Filed under: Mobile Commerce, Mobile Payments, Trends

IBM launches new servers to support mobile commerce in India

IBM launches new servers to support mobile commerce in India

z13 mainframe servers aim to make mobile payments more secure and convenient IBM has announced the launch of its new z13 mainframe servers in India. The new servers will introduce more security to the Indian mobile commerce space, using real-time encryption on all mobile transactions made by e-commerce and mobile commerce firms. According to IBM, the z13 mainframe is able to process some 2.5 billion transactions every day. The servers could be a powerful boon for … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments, Technology News

Mobile commerce investments to continue growing in 2015

Mobile commerce investments to continue growing in 2015

Mobile payments sector continues to experience strong growth, especially in terms of investments The past year represented a major tipping point for the mobile commerce sector. More people than ever before began to use their mobile devices to shop online and purchase products in physical stores. More retailers began to accept mobile transactions and investments being made into the mobile commerce space grew significantly. This year, much of the momentum that was generated for this sector … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Payments, Technology News, Trends

China remains a leader in mobile payments

China remains a leader in mobile payments

Many things set China’s mobile commerce sector apart from those in other countries China has become one of the world’s leading mobile commerce markets, surpassing the United States in terms of mobile transactions. This may be due to the difference that exist between the two countries, especially when it comes to population. Chinese consumers have also shown that they are more willing to participate in mobile commerce, having a higher degree of comfort with mobile technology. … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments, United States