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Walmart bases its social and mobile commerce in Bangalore

11/15/201111/15/2011 John Montgallo

The largest retailer in the world, Walmart, has announced that it will be establishing its technology hub for social and m-commerce in Bangalore, India. The Bangalore facility will be a part of its worldwide division for e-commerce and will develop technologies and business for social and m-commerce shoppers around the globe. It has also announced that it would be adding 100 new developers to its team to head and own projects and for e-commerce generation as well as m-commerce and social offerings growth for the worldwide marketplace. According to the…

Consumers prepare for the rise of NFC enabled devices for mobile payments

07/13/201107/13/2011 Stephanie Beck

As an increasing number of mobile device companies announce their intentions to release products that contain a near field communications (NFC) chip, consumers are preparing themselves to begin using these devices to replace their wallets and handbags for making purchases. Google, for example, has already come up with the Nexus S cell phone from Samsung Electronics, which is NFC enabled, allowing for mobile payments. This device was unveiled last December and has the necessary technology to transmit payment information or discount coupons in conjunction with a reading device at…

Global Consumer Survey shows mobile commerce is taking off

07/12/2011 Jesse Collins

The MEF Global Consumer Survey has shown that cellular phone users around the world are accepting mobile commerce and mobile content. North America has a moderate position in the world of global purchasing, as 38 percent of the study’s participants from this area claimed to have paid for purchases within the last half year using their mobile network operator. Also determined by the survey, was that 41 percent of consumers are using the mobile web, 11 percent use retailer mobile storefronts, and 9 percent use social media pages as purchase…

Consumers today demand immediate results from technology

04/11/2011 Jennifer Goula

Out of 10 million people that attempted to shop or purchase items via mobile commerce last year, almost 8.5 million of them had some type of problem during the transaction. A survey conducted last year by a leading market research firm, showed that mobile technology is woefully lacking, and businesses still need educated on mobile commerce platforms. Technology has created the illusion of a highly advanced civilization; that’s why most consumers have no patience or tolerance when it comes to glitches and poor performance with our electronic devices.…