Snapchat to shut down in-app mobile payments service

Snapchat in-app mobile payments sevice Snapcash to shut down - Snapchat on mobile

The closure of Snapcash has been confirmed by Snapchat. The in-app mobile payments service, Snapcash, offered through social media network Snapchat, will soon no longer be available. Some speculate the closure of the mobile payments service is due to it becoming more of a liability for the company than a utility. Snapcash was being used as a method to pay for private adult content over Snapchat. Although the reason behind shutting down the in-app mobile payments feature has yet to be disclosed, TechCrunch speculates that it may be due to…

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Mobile mall app uniquely appeals to Gen Z shoppers

Mobile mall app - Teen on mobile phone

Dote delivers seamless shopping experience to young mobile consumers. The mobile shopping and social media app has designed itself to be the ideal mobile mall app for generation Z (Gen Z) smartphone shoppers. Generation Z is growing to be retail’s largest group of consumers. Generation Z, often known as “digital natives,” are typically classified as the demographic of people born around the mid 1990’s to mid 2000’s. Individuals a part of this category have typically used the internet at a young age and are generally comfortable with online technology and…

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Walmart scan-and-go shopping ended as customers disinterested in in-store m-commerce

Walmart scan-and-go - Mobile Commerce - mobile shopping

The retailer has shut down the program as shoppers failed to embrace the mobile tech based experience. The Walmart scan-and-go shopping has been abandoned by the retailer at its U.S. stores. Customers simply did not embrace the technology. It was designed to help them to save time in-store by skipping the checkout through the use of mobile commerce. The concept was supposed to let people use m-commerce tech to scan their own items and pay. Walmart scan-and-go was designed to let people use their smartphones to scan item barcodes as…

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APAC mobile shopping spend is through the roof in 2017

mobile commerce forecast

Research shows many consumers in Asian countries enjoy m-commerce as a favorite pastime. The APAC mobile shopping trends are moving more quickly than pretty much anywhere else in the world. Mobile commerce has become a regular part of everyday life in many of those countries. In fact, shopping via smartphone has become a favorite pastime for many people. Some consumers within the region would even go so far as to say that m-commerce is indispensable. This consumer sentiment toward m-commerce helps to explain why APAC mobile shopping is taking off…

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New mobile payments service is coming to Dubai

dubai mobile commerce

New payment solution will help Dubai move toward becoming a cashless society Dubai aims to become a cashless society in the future and will begin focusing on mobile payments. Those with mobile devices will soon begin to take advantage of a new payment solution being developed by Quisk Middle East and Network International. This solution has won the support of the Dubai Smart Government, as well. The new mobile payments solution is expected to be rolled out across Network International’s point-of-sale network in the United Arab Emirates throughout this year.…

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M-commerce apps seek improved mobile security

mcommerce mobile security

As a growing number of companies focus on encouraging smartphone shopping, a need for protection rises. As m-commerce and other new technologies such as smartphone wallets grow in popularity, consumer advocates are sending out cautions to consumers that they need to place a greater focus on mobile security in order to protect their sensitive information and identity data from thieves. Shopping over a smartphone uses a considerable amount of personal information which may not be kept safe. The latest m-commerce apps allow consumers to purchase products and services, book tickets,…

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UK millennials are showing favor for mobile payments

Women mobile payments texting trends

Mobile payments is growing quickly among young consumers in the UK Mobile payments have become a very prominent force among millennials in the United Kingdom, according to a new survey from Compass Plus. They survey suggests that the age of consumers has a major effect on whether or not they will participate in mobile commerce. In the UK, younger consumers appear to be most comfortable with mobile shopping, largely due to their familiarity with mobile technology and e-commerce in general. Survey finds that younger consumers are more active in mobile…

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Argos reaches $1 billion in mobile commerce revenue

mobile commerce

Retailer has become the first to reach a major milestone in mobile commerce revenue Argos, one of the largest catalogue retailers in the United Kingdom, has become the first multi-channel retailer to generate more than $1 billion in mobile commerce revenue in a year. The retailer has seen impressive growth in the mobile commerce sector over the past three years. Early on, Argos began investing in the mobile space, hoping to take advantage of this growth and engage consumers more effectively. This has lead to the success that the company…

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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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PayPal expands further into the mobile commerce space

Mobile commerce growth global world

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 more convenient. Xoom may help PayPal reach new consumers that are interested in mobile…

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

Mobile Payment Security

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 from  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 security concerns are effectively addressed. Security and privacy are significant concerns for retailers According…

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