China to lead the world in mobile commerce, says ABI Research

China Mobile payments technology commerce

China is on the verge of a mobile commerce explosion, according to a new study from ABI Research. The technology market intelligence firm released a report yesterday showing that China could surpass $8 billion in mobile payments by 2014. This would put the nation far ahead of others in terms of contactless payments. The rapid growth of NFC-driven commerce may be due to the single-minded pursuit of NFC technology in China. The progress toward electronic transactions has been slow in the West. Several companies, including Google and Nokia, have been…

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Survey shows over three quarters of retailers pursuing mobile commerce

Retail Mobile Commerce Experience Statistics

New data has been released by E-tailing Group Inc., following a survey of large retailers, which showed that 78 percent intend to invest in mobile commerce before the end of 2011. That said, the majority of these retailers are making their investments with caution. In fact, according to the Second Annual Mobile Mystery Shopping Report by E-tailing Group, 39 percent explained that they will be putting under $25,000 into this year’s m-commerce strategy. The survey included 200 medium- to large-sized retail merchant participants. Fortunately, according to experts, it isn’t typically…

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