Mobile commerce fail could cost UK retailers billions

mobile commerce london england UK

It has been estimated that £2.5 billion could be missed by companies that overlook consumer expectations. This year is expected to represent the holiday shopping season in which mobile commerce will play the most vital role in the history of online purchasing, but a recent analysis by Jumio, Inc. has suggested that retailers remain unprepared and will pay the price for it. Outdated mobile checkout experiences will cost retailers an estimated £2.5 billion this holiday season. That is the figure that Jumio has stated will be missed by retailers as…

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Report sheds lights on the problems mobile commerce faces

Retail Mobile Commerce Experience Statistics

Jumio report highlights payment friction and poor shopping experience Jumio, a leading payment processing firm, has released a report that aims to shed some light on the problems that exist in the mobile commerce field. The mobile space has been receiving a great deal of positive attention recently, largely due to the high performance of mobile commerce during the 2013 holiday season. Mobile payments are not all glamour and without fault, however, as Jumio’s report shows. The report highlights the friction that exists in the mobile payments space and how…

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