Mcommerce has several barriers in India

India mobile payments

There are a number of challenges in the way of mainstream smartphone shopping. Mobile phones have already become a central part of the average lifestyle in India, but experts believe that mcommerce is still facing a bumpy road before it will become the norm within that country. The current statistics regarding the use of the devices in that nation is astounding. In fact, in a recent posting at NextBigWhat, the statistics from India said that there are more individuals who have mobile devices than there were people who had access…

Read More

Mobile payments service launched by Atom Technologies

Mobile payments platform

The Financial Technologies subsidiary has introduced its new IMPS for merchants. Subsidiary of Financial Technologies in India, Atom Technologies, has unveiled its new Interbank Mobile Payments Service (IMPS), which will give merchants the ability to complete interbank transactions at any time of the day or night using their cell phones. A number of companies have already expressed intentions to use IMPS integration with their operations. Among those that will be adding IMPS operations into their portfolios through the Atom Technologies mobile payments will be Univercell Telecommunications India Private Limited, Reliance…

Read More