Study predicts the growth of mobile commerce in North America

Mobile Commerce

Mobile commerce continues to gain momentum in the North American market Mobile commerce is becoming a popular concept all over the world. The growth of the industry has relied heavily on NFC technology and the interest it has managed to attract from companies like Google, PayPal and financial institutions. While these companies have shown varying degrees of support for NFC technology, many of these support the basic premise of mobile commerce. The industry has recently begun seeing major gains in the North American market, where consumers with smart phones are…

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Mobile commerce trends are here to stay with new dramatic growth reports released

NFC-powered mobile payments are gaining traction in North America, Germany and Turkey. The interest in the technology has been steadily growing and consumers are eagerly anticipating the coming payment platforms coming from a number of tech and banking companies. A new study released by Juniper Research, a market and technology research firm, suggests that the overall value of NFC transactions will be at $670 billion by 2015. While the study paints a favorable outlook for mobile commerce in the coming years, the results pale in comparison with a report from…

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