UK mobile commerce expected to grow by leaps and bounds in 2019

UK mobile commerce - Woman with mobile phone

British smartphone shoppers to spend £10 billion more in 2019 compared to 2018. A new report from uSwitch, a leading UK comparison and switching service, reveals that UK mobile commerce and tablet commerce is expected to break records this year. In 2019, it has been forecasted that £25 billion ($32.9 billion) will be spent by British mobile shoppers, which is £10 billion (over $13.1 billion) more compared to the country’s m-commerce figures in 2018. Thirty million Brits are expected to use their phones to shop this year. If uSwitch’s projections…

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Mobile commerce transactions are highest in Japan

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The second quarter figures for 2016 showed that the country had nearly 55 percent conversion rates. Criteo recently released its figures regarding mobile commerce transactions in Q2 2016. They revealed that the conversion rates for m-commerce were highest in Japan, the United Kingdom and South Korea. The performance marketing technology firm underscored that the top spot was held by Japan. These results were compiled after analyzing 1.7 billion transactions from both desktop and mobile sites. The analysis involved annual sales totals worth $720 billion. It involved the figures from more…

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Argos reaches $1 billion in mobile commerce revenue

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Retailer has become the first to reach a major milestone in mobile commerce revenue Argos, one of the largest catalogue retailers in the United Kingdom, has become the first multi-channel retailer to generate more than $1 billion in mobile commerce revenue in a year. The retailer has seen impressive growth in the mobile commerce sector over the past three years. Early on, Argos began investing in the mobile space, hoping to take advantage of this growth and engage consumers more effectively. This has lead to the success that the company…

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TimeOut has plans for the mobile commerce space

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TimeOut invests in Flypay in order to expand its mobile commerce interests TimeOut, a prominent media publisher, has found a new company that could become a “hyper local mobile commerce platform. The publisher has invested more than $7 million into Flypay, a mobile payments service that has become quite popular among consumers in London. The service operates as a pay-at-the-table platform that allows used to pay their bills at restaurants. Flypay suggests that it is able to allow users to pay their bills in less than one minute and is…

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UK consumers worried that mobile payments will make impulse buying easier

UK mobile commerce - Woman with shopping bags on mobile

Consumers are becoming concerned about impulse buying on mobile payments platforms Consumers in the United Kingdom are becoming more interested in mobile payments, but they are also becoming worried that the ability to use their smartphones to purchase products quickly will lead to more impulse buying. According to a recent survey from uSwitch.com, consumers may not be as worried as they once were about the security of mobile payments services. Instead, this worry is being replaced by concerns that they will be spending more money more quickly than they have…

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