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Mobile commerce is expected to rise by 33 percent in India, next year

Mobile commerce is expected to rise by 33 percent in India, next year

In 2016, the Indian population is expected to take on smartphone based shopping with a vengeance. According to a recent study that has been published jointly by Grant Thornton and the Associated Chambers of Commerce and Industry of India, online purchases made over mobile commerce will break the 40 million mark by the close of next year. Comparatively speaking, the current level is believed to be around 30 million mobile device users. As a whole, the e-commerce market … Read entire article »

Filed under: International, Mobile Commerce, Trends

Indian banks team with Visa to take on mobile commerce

Indian banks team with Visa to take on mobile commerce

Mobile commerce to get a boost as banks partner up with Visa Several Indian banks have begun to test a mobile payment service that has been developed by Visa. Axis Bank, HDFC Bank, ICICI Bank, and State Bank of India have all agreed to test Visa’s mVisa service, which will allow their customers to make in-store transactions with their mobile devices. They will also be able to use the service to pay bills and send and … Read entire article »

Filed under: International, Mobile Apps, Mobile Commerce, Mobile Payments, Trends

Mobile commerce is a hit with British consumers

Mobile commerce is a hit with British consumers

UK is experiencing a major increase in mobile commerce activity Mobile commerce is surging in the United Kingdom. The Office of National Statistics has released its yearly report concerning Internet usage in the UK and has found that nearly all (96%) of British adults between the ages of 16 and 24 browse the Internet from a mobile device. This demographic is noted as being “on-the-go,” and busy schedules have made people rely more heavily on their … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments, Trends

Samsung teams with MasterCard for mobile payments

Samsung teams with MasterCard for mobile payments

Samsung is working with MasterCard to augment new mobile payments service Samsung has announced that it has partnered with MasterCard for its new mobile payments platform. Later this year, Samsung intends to launch its first mobile payments service, called Samsung Pay, in Europe. The company will compete directly with Apple, which plans to launch its own payment service in the European market later this year as well. With MasterCard, Samsung believes that it will have an … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments

Mobile commerce market is growing quickly throughout the world

Mobile commerce market is growing quickly throughout the world

Report highlights the growth that the global mobile commerce market is experiencing A new report from yStats shows that mobile commerce is experiencing healthy growth throughout the world. The report notes that the global mobile commerce market has, in some cases, seen triple digit growth rates, which means that the market is beginning to overshadow the overall online retail market in terms of sales growth. Notably, however, desktop computers remain the favored way for consumers to … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments, Trends

Argos reaches $1 billion in mobile commerce revenue

Argos reaches $1 billion in mobile commerce revenue

Retailer has become the first to reach a major milestone in mobile commerce revenue Argos, one of the largest catalogue retailers in the United Kingdom, has become the first multi-channel retailer to generate more than $1 billion in mobile commerce revenue in a year. The retailer has seen impressive growth in the mobile commerce sector over the past three years. Early on, Argos began investing in the mobile space, hoping to take advantage of this growth … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments

India’s mobile commerce industry is looking to overcome challenges

India’s mobile commerce industry is looking to overcome challenges

Mobile commerce continues to grow throughout India As the mobile commerce industry continues to grow, several companies involved therein are beginning to fight to overcome significant challenges that face adoption. Indian companies are beginning to address issues that exist in the market in order to ensure that they can effectively engage consumers. According to recent market analysis, the Indian mobile commerce market is expected to grow by 55% by 2019, reaching $19 billion. Mobile Internet use … Read entire article »

Filed under: International, Mobile Apps, Mobile Commerce, Mobile Payments, Trends