M-commerce apps have second highest download growth rate

tablet m-commerce apps

Gaming applications have held onto the top spot, but shoppers are clearly showing their love of mobile. A recent StartApp report has shown that m-commerce apps are second only to gaming applications when it comes to download growth rate. Moreover, the report predicts that there remains a great deal of room for additional growth. This growth rate has particular potential in the areas of popular music, photo and entertainment apps. According to the StartApp data, gaming applications have been downloaded by 78 percent of global device users. Not far behind,…

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Growing infrastructure and demand for mobile payments could have an impact on India’s economy

India mobile phone manufacturing

Report highlights the beneficial impact that better mobile technology and Internet connectivity will have on the country New mobile payments technology and the expansion of a 4G mobile network will have a major impact on India’s economy this year, according to a new report from Union Budget. India’s mobile infrastructure has been growing at a fast pace, largely due to growing smartphone penetration and the rising demand for mobile Internet access. The expansion of this infrastructure will make it easier for consumers to take advantage of new payment services and…

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Snapdeal wants to make mobile payments even better in India

India mobile payments

Snapdeal’s design team aims to improve the company’s position in mobile commerce Snapdeal’s design team, also known as its “design mafia,” has plans to make the best mobile shopping experience in India. The team intends to create a powerful app foundation for its future mobile payments interests. Last month, Snapdeal made major changes to its prominent payment application, but the company plans to continue introducing new features and services throughout India in the coming months. These changes may help Snapdeal find more success in the competitive mobile commerce market. Design…

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Mobile commerce is set to boom in India

india mobile commerce, standard qr code

Study predicts that mobile commerce with overtake e-commerce in terms of growth Mobile commerce is expected to overtake e-commerce in terms of growth in India in the coming years. Deloitte India has released a new study that shows that the demand for mobile commerce services is growing among consumers and businesses alike. Many people are beginning to rely on their smartphones and tablets to get their shopping done, both online and off. As such, they are shopping on conventional computers less frequently. More companies are involving themselves in the mobile…

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Indian banks team with Visa to take on mobile commerce

wearable technology visa paywave mobile payments power suit

Mobile commerce to get a boost as banks partner up with Visa Several Indian banks have begun to test a mobile payment service that has been developed by Visa. Axis Bank, HDFC Bank, ICICI Bank, and State Bank of India have all agreed to test Visa’s mVisa service, which will allow their customers to make in-store transactions with their mobile devices. They will also be able to use the service to pay bills and send and receive money with their smartphones. The service will be available to approximately 20,000 merchants…

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India’s mobile commerce industry is looking to overcome challenges

india mobile commerce, standard qr code

Mobile commerce continues to grow throughout India As the mobile commerce industry continues to grow, several companies involved therein are beginning to fight to overcome significant challenges that face adoption. Indian companies are beginning to address issues that exist in the market in order to ensure that they can effectively engage consumers. According to recent market analysis, the Indian mobile commerce market is expected to grow by 55% by 2019, reaching $19 billion. Mobile Internet use among Indian consumers is also expected to increase, reaching 120 million users. Companies are…

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India is a leading mobile commerce market

India mobile phone manufacturing

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 mobile markets in the world and may hold the position as the world’s leading…

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Mobile commerce is booming in India

Mobile Commerce trends

Consumers are flocking to the mobile commerce scene The Indian mobile commerce market is showing healthy signs of growth. Over the past few years, India has emerged as a leading mobile market, with many consumers purchasing smartphones and tablets. These devices have become much more than simple communication and entertainment tools, and are now being used to shop for and purchase products online and in physical stores. In the coming years, mobile commerce is expected to experience explosive growth throughout the country. Indian mobile commerce market expected to reach $19…

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Snapdeal acquires Indian mobile commerce firm

India mobile phone manufacturing

Snapdeal has purchased Freecharge, a mobile commerce firm based in India Snapdeal, one of India’s largest e-commerce organizations, has announced its acquisition of mobile payments firm Freecharge. The deal between the two companies is being considered one of the largest of its kind in the Indian internet sector. Snapdeal suggests that the deal has made it one of the largest mobile commerce companies in India, boasting of more than 40 million users throughout the country. The acquisition could give Snapdeal’s mobile initiatives significantly more momentum in the coming years. Mobile…

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Mobile commerce may overtake e-commerce in India

India mobile phone manufacturing

Mobile commerce is growing at a fast rate throughout India Mobile commerce may soon overtake e-commerce in India, according to a report from KPMG. India has become one of the most active and fastest growing mobile markets in the world. Growing smartphone penetration has made it possible for millions of consumers to participate in mobile commerce. These consumers have shown favor for the concept of shopping online and purchasing products with their mobile devices, claiming that such a process is more convenient than shopping in physical stores. Report shows that…

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Mobile commerce continues to grow in India

india mobile commerce

New report predicts exponential growth for mobile commerce in 2015 Mobile commerce is growing quickly in India. Many of the country’s retailers are beginning to invest in the mobile space as a way to engage consumers that are using their smartphones and tablets to shop online and in physical stores. Vizury, a leading marketing and remarketing firm, has released a new report concerning the state of India’s mobile commerce sector. The report shows that the sector is poised to see exponential growth in 2015. Report shows that mobile commerce represents…

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