QR Code Press » Mobile Payments
Mainstream adoption is eluding mobile payments
Mobile commerce continues to be on the cusp of going mainstream Mobile payments have been on the verge of becoming mainstream for years now. The idea is attractive to people that have become very reliant on smartphones and tablets, but it has yet to take hold with most people. The idea of shopping from a mobile device is very similar to the concept behind e-commerce. Shopping online is, perhaps, one of the most significant trends to … Read entire article »
Filed under: Mobile Commerce, Mobile Payments, Trends
Groupon may become a dominant mobile commerce platform
Groupon focuses on mobile in order to secure future growth Groupon had once been one of the fastest growing companies in the world, but this growth has slowed to a crawl over the past two years. The company had once boasted of $2 billion in annual revenue, but recent problems have caused a significant change in leadership and Groupon’s business plan. In order to become more engaging to a new generation of consumers, Groupon has set … Read entire article »
Filed under: Mobile Commerce, Mobile Payments
MasterCard to launch new mobile commerce platform in UAE
New platform to be released in the United Arab Emirates later this year MasterCard is preparing to increase its mobile commerce efforts in the United Arab Emirates. The country has become a very prominent mobile market, with smartphone penetration rising rapidly. As mobile devices begin to play a more significant role in the lives of consumers throughout the country, they are looking for services that allow them to shop online directly from these devices. MasterCard is … Read entire article »
Filed under: International, Mobile Apps, Mobile Commerce, Mobile Payments
US consumers may not be enchanted by mobile commerce
Survey shows that US consumers are not as mesmerized by mobile shopping as some might believe Mobile commerce may be growing, but consumers are not showing as much interest in shopping from a mobile device as previously thought, according to a new survey from PwC, a retail and consumer analysis group based in the U.S. Consumers have been showing modest interest in mobile shopping, but many have been let down by the poor mobile commerce experiences … Read entire article »
Filed under: Commercial, Mobile Commerce, Mobile Payments, United States
eBay launches new mobile commerce initiative in India
Mobile shopping continues to grow in popularity in India India has become a very attractive market when it comes to mobile commerce. The country has been experiencing a boom in smartphone penetration in recent years and this has lead to a rise in demand for mobile-centric services. Many retailers have begun to respond to this demand by becoming more accommodating of mobile payments and supporting mobile commerce in general. eBay India has launched a new initiative … Read entire article »
Filed under: International, Mobile Commerce, Mobile Payments
Wearable technology is PayPal’s new target
The online and mobile payments company is now making its first move toward even smaller devices. The skyrocketing popularity of wearable technology cannot be denied, particularly now that these mobile devices have taken the Mobile World Congress by storm and virtually every manufacturer in the industry has either released products within this category or is on the verge of doing so. In response to this massive new trend, PayPal now intends to create a payments app specific … Read entire article »
Filed under: Gadgets, Mobile Apps, Mobile Payments, Technology News
Competition in mobile commerce explodes due to rapid growth
Growth of mobile commerce creates an over abundance of competition Mobile commerce has grown very quickly over the past few years. Consumers have shown that they are very interested in mobile payments and shopping from their smartphones and tablets, which has lead to a surge in new startups offering services to accommodate this interest. Mobile commerce can be a very lucrative field, but establishing a strong presence in the market has become very difficult for both … Read entire article »
Filed under: Commercial, Mobile Commerce, Mobile Payments
Mobile payments may find strong growth in the US
The US may become a prominent mobile commerce market in the near future Mobile payments may be set to see explosive growth in the U.S., according to analysis from BI Intelligence. The firm has estimated that global mobile commerce spending in 2013 reached $223 billion, approximately 4% of the total credit and debit transactions made in that year. The U.S. has been lagging behind the Asian-Pacific and African markets, however, U.S. consumers have been growing more … Read entire article »
Filed under: Mobile Commerce, Mobile Payments
Mobile payments firm joins Product (RED)
Square teams with Product (RED) to unveil new payments reader for mobile devices Prominent mobile payments firm Square has announced that it has partnered with Product (RED), a charitable organization that donates to the Global Fund, which is an organization devoted to fighting AIDS, Tuberculosis, and Malaria. Product (RED) frequently teams with retail organizations to develop specialized products. A portion of the revenue generated by these products is devoted to charitable causes. Square is the organization’s … Read entire article »
Filed under: Gadgets, Mobile Commerce, Mobile Payments, Technology News
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