The findings indicate that the channel is booming and that retail purchases are skyrocketing. According to mobile commerce research collected and published by eBay and PayPal, smartphones have generated approximately $5.6 billion in retail sales in Australia throughout 2012, so far. This statistic illustrates a massive jump in the use of these devices for purchasing and shopping. In 2010, at the same time, the retail sales over mobile commerce had reached only $155 million. This provides a very clear picture regarding the speed of the penetration of smartphone technology in…
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