Study shows mobile commerce is on pace to see more growth in the future

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New study shows the growing prominence of mobile shopping among consumers Criteo, a performance marketing technology provider, has released a new study concerning online transactions and their performance during the fourth quarter of 2015. Last year, mobile commerce became a very powerful force in the retail space. Merchants began investing heavily in new technology that would allow them to connect with mobile shoppers. Consumers have shown a great deal of interest in using their devices to shop online and in physical stores. 1.4 billion online transactions were made during the…

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Snapdeal wants to make mobile payments even better in India

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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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Visa launches new program to support mobile payments

Visa Mobile Payments News

Visa Developer may aid in the development of new mobile payments services Visa has released a new developer program that is designed to accelerate the adoption of mobile payments. Called Visa Developer, the program will provide developers with access to new technology, most of which is associated with mobile transactions in some fashion. The mobile payments market is growing quickly, and more companies are beginning to embrace mobile commerce as a way to provide better services to consumers. Visa has become heavily invested in this space and intends to secure…

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Fast-service food and beverage industries embrace mobile commerce

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Companies are beginning to cater to the demand for mobile commerce support More companies in the fast-service food and beverage industries are becoming involved in mobile commerce, following the example set by Starbucks, which has found significant success in the mobile sector. These companies have taken note of the growing demand for mobile services coming from consumers and are beginning to support mobile payments. Starbucks has established a lead in supporting these payments, but the gap between the company and its competitors is beginning to close. Several companies are beginning…

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Mobile commerce is powering growth for PayPal

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PayPal is finding a great deal of success through its focus on the mobile commerce space PayPal is beginning to see significant promise in the mobile commerce space. The company has long held a strong mobile presence, but a stronger focus on mobile commerce specifically may ensure future growth. PayPal has announced that it saw a 21% increase in revenue during the fourth quarter of 2015, with revenue reaching $2.6 billion. This growth was partly due to the acquisition of remittance firm Xoom. Strong support for mobile commerce also secured…

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Mobile commerce is set to boom in India

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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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McDonald’s brings mobile payments support to its Indian stores

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McDonald’s will support FreeCharge wallet in 216 of its Indian stores McDonald’s has begun to roll out support for mobile payments at its restaurants in India. The fast food chain has partnered with FreeCharge in order to support the use of the FreeCharge mobile wallet in 216 McDonald’s stores in 26 cities. Those using the mobile wallet can pay for their orders with nothing more than a smartphones and a PIN code, which changes dynamically. FreeCharge notes that it has been working closely with McDonald’s to develop a system that…

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New mobile payments service is coming to Dubai

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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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Patent filing highlights next step in mobile payments for Apple

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Apple is looking to further expand its efforts in the mobile payments market A recent patent filing from Apple suggests that the company may have more plans for the mobile payments space. The patent involves the development of a new system, which will serve as a peer-to-peer payments platform that will expand on iMessage. The iMessage service is widely used by consumers, as it allows them to text, send photos, and share videos with one another. Now, Apple intends to ensure that the service can be used for payments as…

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Apple and Samsung to bring mobile payments services to China

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Apple and Samsung have formed deals with UnionPay to enter China’s mobile payments market Apple and Samsung are set to compete with one another in China, which has become one of the world’s leading mobile payments markets. Both companies have managed to form deals with China’s UnionPay, one of the country’s largest banks. For Apple, this comes after a great deal of negotiation, where the company found resistance to its plans to enter into China’s mobile payments market. With an entry into the market, Apple predicts to find significant success…

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Consumers in mature markets are embracing mobile payments more aggressively

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Half of all consumers may opt to use their mobile devices to purchase products by 2018 Half of all consumers in mature markets are expected to be using their smartphones and wearable devices to make mobile payments by 2018, according to a new report from Gartner. Innovation in mobile applications and services will likely have a major impact on traditional business models, forcing merchants to take steps to better engage mobile consumers. More consumers are beginning to use their devices for productivity and entertainment, a trend that is creating new…

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