Mobile commerce popularity pushes fraudulent payment transactions to record highs

mobile commerce popularity

New data released in Europe shows card fraud was way up in 2016, as the U.K. suffers the most. A newly released report is pointing to mobile commerce popularity to help explain why card fraud transactions are skyrocketing in Europe. The United Kingdom is facing the largest losses among all the countries in the European Union, having recorded a £618 million (€713 million) loss last year. The European Union’s total losses were an estimated €1.8 billion in 2016, including the U.K.’s figure. The report on these figures blames mobile commerce…

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Mobile commerce popularity crown handed to eBay

Ebay augmented reality Mobile Commerce

According to a recent Ofcom report, the massive online auction site is the most popular retailer for smartphone and tablet users. Ofcom has now released a report that has identified eBay as the leading mobile commerce retailer in the United Kingdom in terms of its popularity among consumers throughout the country. The same report also pointed out that 41 percent of consumers spend a minimum monthly £100 over smartphones and tablets. This represents an increase of 4 percent in the proportion of people who are spending over that amount in…

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Report shows mobile commerce trumps PC e-commerce

Mobile trends Commerce Apps on smartphone

Mobile commerce outshines PC comScore, a leading market research firm, has released a new report that sheds some light on mobile shopping and consumer preferences. The report shows that mobile commerce is beginning to gain momentum among consumers. These consumers are beginning to favor shopping via their mobile devices over going to traditional stores. Moreover, more consumers are beginning to use their mobile devices for shopping than their PCs. The report from comScore suggests that as many as a third of all traffic to e-commerce sites is coming from mobile…

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New mobile commerce system may replace ATMs

ATM mobile payments qr code integration

Mobile commerce continues to grow among consumers As consumers become more integrated in mobile technology, commerce is beginning to change. Consumers are beginning to favor using their mobile devices to shop and purchase products, which has lead to the emergence of mobile commerce. This is a broad term that does not only refer to mobile payments, of course. Mobile commerce also encompasses the use of financial services being offered by banks that cater to mobile users. Such services may soon revolutionize the way people use ATMs around the world. Diebold…

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Mobile commerce popularity is on the rise

Mobile commerce Trends

A recently conducted study has shown that shopping over smartphones is certainly increasing. According to the latest study conducted on mobile commerce, up to 78 percent of smartphone users are applying their devices to the shopping decision process for choosing the products that they will buy. The study showed that these devices were often used for shopping behaviors such as product comparisons. The study was conducted with the participation of 400 users of both smartphones and social media users in India, from among 4,000 total participants. The study indicated that…

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Mobile commerce is becoming an important part of online shopping

Mobile Commerce sales

A commentary from Turner Investments has shown that smartphones are growing in importance when people shop. Consumer analysts from Turner Investments have reported that mobile commerce is becoming increasingly important as an element of overall shopping online and that companies that optimize and take part in the smartphone and tablet friendly experience could benefit from this effort. Consumers are increasingly using smartphones and tablets to browse their favorite stores. The latest Turner Investments Sector Focus commentary has revealed that some consumer companies are looking to take advantage of what mobile…

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Mobile commerce adoption to increase by 73 percent in the Netherlands

Mobile commerce Trends

This indicator means that the number of users will have risen to 1.7 million, last year. The revenues generated through mobile commerce in the Netherlands increased in the second half of 2012, to bring them to €310 million, which represents a considerable level of growth. This, according to the latest results that were issued by a market monitoring firm. The mobile commerce Monitor released by Thuiswinkel for 2012-2 revealed these statistics. This has shown that over 2012, the country saw a sizeable amount of growth in the number of consumers…

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Mobile commerce is failing to impress everyone

Mobile games popularity

Some consumers are less than pleased with the current experience that is being provided for their smartphones. A recent study has shown that while consumers are increasingly expecting to be able to use mobile commerce as a part of their cross channel shopping experience, many are failing to have their expectations met by their favorite retailers. The research shows that retailers are often letting their customers down over this channel. The research was conducted by Accenture, which discovered that though about 90 percent of consumers feel that they should be…

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Mobile commerce in China will pass the $27.1 billion mark next year

mobile commerce trends

This is expected to considerably surpass the totals that are generated by shoppers in the United States. China’s online shopping is taking off at a breakneck speed and this is transferring over to multiple channels, including mobile commerce, which will continue to reach record levels by 2014, says a recent study. The massive online shopping company, Alibaba, has released an infographic to demonstrate this success. The most recent estimations include a prediction that there will be 322 million online shoppers who will be spending approximately $285 billion in total next…

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