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Mobile commerce market is growing quickly throughout the world

Mobile commerce market is growing quickly throughout the world

IDC predicts that mobile commerce transactions will grow significantly in the near future Market research firm IDC has predicted that the world will see a dramatic increase in mobile commerce transactions in the coming years, with the Asia Pacific region leading the way in terms of growth. throughout Asia, mobile commerce has been growing at a rapid rate, particularly in China where retailers are beginning to place more emphasis on mobile consumers. Expanding mobile Internet networks … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments, Near Field Communications, Trends

Starbucks leads the way in mobile commerce success

Starbucks leads the way in mobile commerce success

Starbucks has found profit in engaging mobile consumers Starbucks is quickly becoming the shining example of what can be accomplished through a focus on mobile commerce. The company has been growing more mobile-centric recently in order to engage a changing generation of consumers that have begun to rely more on their mobile devices in order to shop for and purchase products. In the retail space, smartphone users are finding that mobile commerce services have provided them … Read entire article »

Filed under: Featured News, Mobile Apps, Mobile Commerce, Mobile Payments, United States

CurrentC mobile payments service may not be launching until 2016

CurrentC mobile payments service may not be launching until 2016

MCX announces that payment service is not likely to see a launch this year The Merchant Customer Exchange (MCX), comprised of several retail organizations, has announced that its mobile commerce platform, called CurrentC, may not launch until 2016. The platform was meant to compete with other services coming from Apple, Google, and Samsung, providing retailers with a tool that they can use to effectively engage consumers that are interested in mobile payments. Retailers have been expressing … Read entire article »

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