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Prominent mobile commerce platform adds new features

Prominent mobile commerce platform adds new features

Alipay has new features that will make it more than a mobile wallet Alipay, the prominent mobile payments platform from Alibaba and Ant Financial, has introduced a new feature that may expand its influence. The service now has a peer-to-peer transfer and messaging feature, which will allow users to send money between one another using a simple transfer method. The messaging aspect of this feature will also allow users to send digital coupons to their friends, … Read entire article »

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

Companies stand to gain from the thriving mobile commerce market

Companies stand to gain from the thriving mobile commerce market

Companies showing support for mobile commerce are expected to see gains in the coming years Several companies are expected to benefit from the growing prominence of mobile commerce, according to analysis from Pacific Crest. Mobile has long been a thriving channel through which businesses could effectively engage consumers, but as mobile commerce continues to grow, companies that have positioned themselves well in the payments space are likely to find more success. PayPal, Vantiv, Visa, MasterCard and … Read entire article »

Filed under: Mobile Commerce, Mobile Payments, Trends

UK consumers worried that mobile payments will make impulse buying easier

UK consumers worried that mobile payments will make impulse buying easier

Consumers are becoming concerned about impulse buying on mobile payments platforms Consumers in the United Kingdom are becoming more interested in mobile payments, but they are also becoming worried that the ability to use their smartphones to purchase products quickly will lead to more impulse buying. According to a recent survey from uSwitch.com, consumers may not be as worried as they once were about the security of mobile payments services. Instead, this worry is being replaced … Read entire article »

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

PayPal expands further into the mobile commerce space

PayPal expands further into the mobile commerce space

PayPal successfully acquires money transfer service Xoom PayPal has announced that it has successfully acquired Xoom Corp., a digital money transfer service provider. This may represent yet another step toward PayPal’s plans to become a more prominent entity in the mobile commerce space. Xoom is currently considered one of the world’s leading remittance companies. The company allows consumers to use their mobile devices to send funds, and pay bills, using their mobile devices, making the process … Read entire article »

Filed under: International, Mobile Commerce, Mobile Payments

Mobile payments encourage better tipping

Mobile payments encourage better tipping

Wait staff in restaurants are discovering that there are unexpected benefits to smartphone wallet apps. Over the next few years, it is believed that mobile payments will be taking off and that people will be using their smartphones in place of plastic cards to pay for everything from purchases in stores to meals at restaurants. Along with this overall shift in payment methods will also come a range of additional unexpected trends. So far, one type of trend … Read entire article »

Filed under: Mobile Apps, Mobile Payments, Technology News

Mobile commerce is growing in the retail sector

Mobile commerce is growing in the retail sector

Apps are becoming the best way for retailers to engage consumers Criteo, a performance marketing technology firm, has released the latest edition of its 2015 State of Mobile Commerce Report. The report reveals that mobile applications are responsible for almost half of all mobile payments being made. These apps have become invaluable to large organizations that have a major stake in the e-commerce sector. The report notes that apps that provide an enjoyable experience fare better … Read entire article »

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

Security and privacy are a top concern for retailers in the mobile payments space

Security and privacy are a top concern for retailers in the mobile payments space

Mobile payments continue to be a challenge for retailers When it comes to mobile payments, retailers are undeniably interested, but they have major concerns that must be addressed before they can show wholesale support for new payment platforms. A new report fromĀ  Retail System Research suggests that retailers are more concerned about protecting consumers, and themselves, from fraud than they are about actually accommodating mobile payments. Mobile payment adoption among retailers is expected to slow until … Read entire article »

Filed under: Featured News, Mobile Commerce, Mobile Commerce Security, Mobile Payments