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Mobile commerce is powering growth for PayPal

Mobile commerce is powering growth for PayPal

PayPal is finding a great deal of success through its focus on the mobile commerce space PayPal is beginning to see significant promise in the mobile commerce space. The company has long held a strong mobile presence, but a stronger focus on mobile commerce specifically may ensure future growth. PayPal has announced that it saw a 21% increase in revenue during the fourth quarter of 2015, with revenue reaching $2.6 billion. This growth was partly due … Read entire article »

Filed under: Mobile Commerce, Mobile Payments, Trends

PayPal is looking to mobile payments to continue its revenue growth

PayPal is looking to mobile payments to continue its revenue growth

The online transaction company was able to experience a massive spike in revenue in the last quarter of 2015. During the last quarter of last year, PayPal was able to create an increase in its revenues by 21 percent, bringing them to $2.6 billion, much of which was generated by the adoption of mobile payments in a number of different forms. Revenues are also believed to have been boosted at PayPal through its acquisition of Xoom, the … Read entire article »

Filed under: Mobile Apps, Mobile Payments

Mobile technology may reduce dissatisfaction with money transfers

Mobile technology may reduce dissatisfaction with money transfers

The frustrations associated with those types of transactions could disappear with smartphones. The results of a recent Amdocs survey have shown that over 83 percent of respondents strongly feel that they would be willing to use a mobile technology device for completing international money transfer transactions. The vast majority of current international money transfer services are not fully satisfying their customers. Among the survey respondents, 82 percent said they were dissatisfied with their experiences in using more traditional … Read entire article »

Filed under: Mobile Apps, Mobile Payments

Mobile commerce is set to boom in India

Mobile commerce is set to boom in India

Study predicts that mobile commerce with overtake e-commerce in terms of growth Mobile commerce is expected to overtake e-commerce in terms of growth in India in the coming years. Deloitte India has released a new study that shows that the demand for mobile commerce services is growing among consumers and businesses alike. Many people are beginning to rely on their smartphones and tablets to get their shopping done, both online and off. As such, they are … Read entire article »

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

McDonald’s brings mobile payments support to its Indian stores

McDonald’s brings mobile payments support to its Indian stores

McDonald’s will support FreeCharge wallet in 216 of its Indian stores McDonald’s has begun to roll out support for mobile payments at its restaurants in India. The fast food chain has partnered with FreeCharge in order to support the use of the FreeCharge mobile wallet in 216 McDonald’s stores in 26 cities. Those using the mobile wallet can pay for their orders with nothing more than a smartphones and a PIN code, which changes dynamically. FreeCharge … Read entire article »

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

FordPay mobile payments launch the company’s way into the industry

FordPay mobile payments launch the company’s way into the industry

The automaker has brought this new service into the mix in a space that is becoming increasingly crowded. Ford, the automaker giant, has now taken its first steps into the mobile payments space by launching its own proprietary service that has been called FordPay. This mobile wallet has been created to allow users to complete transactions from their vehicles. The idea is that the users of FordPay will be able to pay for vehicle-related services through this mobile … Read entire article »

Filed under: Mobile Payments, Technology News

New mobile payments service is coming to Dubai

New mobile payments service is coming to Dubai

New payment solution will help Dubai move toward becoming a cashless society Dubai aims to become a cashless society in the future and will begin focusing on mobile payments. Those with mobile devices will soon begin to take advantage of a new payment solution being developed by Quisk Middle East and Network International. This solution has won the support of the Dubai Smart Government, as well. The new mobile payments solution is expected to be rolled … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments

Samsung has embedded NFC technology into a men’s suit

Samsung has embedded NFC technology into a men’s suit

The consumer electronics giant is working near field communication into clothing. Now that the CES 2016 has come to a close, there has been no shortage of interesting, fascinating and downright weird products that have made their way onto the map but at the same time, the introduction of NFC technology into a smart suit and while adding solar panels to a handbag still has some people scratching their heads. These are not the first odd sounding … Read entire article »

Filed under: Gadgets, Mobile Payments, Near Field Communications, Technology News