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Mobile banking sees 13 percent usage jump in Q1

Mobile banking sees 13 percent usage jump in Q1

The South Korean market has greatly expanded its use of these apps and services during the span of three months. According to data that has been released by the central bank in South Korea, mobile banking in that market has undergone a 13 percent increase in terms of its daily usage over the span of the three months that made up the first quarter of this year. This insight underscores the strength of the growing trend toward … Read entire article »

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

India is a leading mobile commerce market

India is a leading mobile commerce market

India is establishing itself as the world’s leading mobile market India has become one of the largest and most influential mobile commerce markets in the world, according to a new report from KPCB, a leading venture capital firm. Several Indian firms have begun to invest quite heavily into the mobile space, establishing a strong presence among a new generation of consumers that are interested in mobile payments. India currently stands as one of the fastest growing … Read entire article »

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

Global mobile commerce market to boom in the next three years

Global mobile commerce market to boom in the next three years

Report predicts that mobile commerce market will reach $850 billion by 2018 A new report from Digi-Capital predicts that the global mobile commerce market will explode to $850 billion by 2018. Asia is expected to become a prominent player in the market, accounting for nearly half of the predicted mobile revenue that will be generated within the eastern region. Growing smartphone ownership is contributing to the growth of the mobile commerce market. Consumers are becoming comfortable … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Payments

PayPal sees a future in mobile payments

PayPal sees a future in mobile payments

New CEO aims to make PayPal more mobile PayPal has big plans for the future, especially when it comes to mobile payments. A new CEO is coming to the company in Dan Schulman, who wants PayPal to become much more than a simple third party in the commerce space. In the future, PayPal may introduce an operating system that is designed with digital commerce in mind. The company aims to become a much more powerful force … Read entire article »

Filed under: Mobile Commerce, Mobile Payments

Mobile payments set to skyrocket in the US

Mobile payments set to skyrocket in the US

Report predicts the promising future of mobile payments BI Intelligence has released a new report concerning the growth of mobile payments in the United States. The ability to make payments with mobile devices is becoming a very powerful force in the retail space. Consumers have long had the capability to shop for and purchase products online over the Internet using a mobile device, but these devices are also beginning to be used for in-store transactions. Companies … Read entire article »

Filed under: Mobile Apps, Mobile Commerce, Mobile Payments, Trends, United States

Alibaba continues to dominate mobile commerce

Alibaba continues to dominate mobile commerce

Mobile commerce has become a primary interest for Alibaba Alibaba is on a course for mobile commerce dominance. The Chinese company has become one of the most prominent Internet organizations in the world, having found major success in the e-commerce field. Taking note of the growing importance of mobile technology, Alibaba has begun to invest heavily in the mobile space, looking for ways to become a more powerful force in commerce by doing so. Alibaba has … Read entire article »

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

Tencent remains vague on mobile payments plans

Tencent remains vague on mobile payments plans

Company has yet to offer clear plans concerning mobile transactions Tencent has become one of China’s most prominent companies, operating a very popular mobile messaging application that has managed to capture the interest of millions. The company has also begun to expand into the mobile payments space, hoping to add further value to its messaging application and engage mobile consumers more effectively. While the company has expressed interest in mobile payments, Tencent has been very vague … Read entire article »

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