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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O2 to be sole owner of mobile commerce service Weve

United Kingdom mobile commerce

Weve will be completely owned by O2 after company buys out other partners O2, a telecommunication service provider in the United Kingdom, is set to become the sole owner of Weve, an operator-owned mobile commerce firm in the UK. Weve was established by three large telecommunications companies, of which O2 was included. The concept behind the platform was to create a pool of consumer data that would be attractive to advertisers while also giving consumers a way to make mobile payments in a convenient fashion. Weve will have access to…

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UK mobile payments to reach new heights in the coming years

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Report shows that mobile will account for a third of all e-commerce sales made in the UK Mobile payments are expected to account for a third of all e-commerce sales made in the United Kingdom in the near future, according to a report from eMarketer. E-commerce has long been a prominent force in the European market, with many consumers showing favor for its convenient nature and the fact that they can find nearly any product they made be interested in on the Internet. The rise of mobile technology has given…

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Mobile commerce is thriving in the United Kingdom

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UK consumers are spending more through their mobile devices Research from RetailMeNot, predicts that more consumers in the United Kingdom will be spending their money through mobile devices in the coming years. According to this research, some $15 billion in mobile commerce retail transactions are expected to be made by the end of this year. The report notes that this is a significant increase over the $7 billion that was reported last year. Currently, mobile commerce accounts for as much as 30% of all digital retail transactions made throughout the…

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2015 may be the year mobile payments go mainstream

Mobile Payments

Consumers in the United Kingdom are prepared to abandon their banks in favor of companies that support mobile commerce Consumers in the United Kingdom are showing that they are more willing to participate in mobile payments and Zapp, prominent mobile payment processor, believes 2015 will be the year that mobile commerce becomes mainstream. Zapp has released the results of a recent survey that shows that nearly 21 million consumers in the United Kingdom are ready to abandon their banks in favor of those that support mobile commerce. Zapp could see…

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UK consumers will switch banks for mobile commerce support

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Survey shows that British consumers are willing to switch to a new bank to make mobile payments Mobile payments firm Zapp has released the results of one of its latest surveys, questioning how many British consumers would switch banks in order to take advantage of mobile commerce services. A growing number of people in the United Kingdom are beginning to show favor for mobile commerce, using their smartphones and tablets to pay for goods and services throughout the country. Some banks have not yet shown significant support for the mobile…

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Harris+Hoole find success in the mobile commerce space

United Kingdom mobile commerce

Harris+Hoole app facilitated more than 200,000 transactions since its launch in June Harris+Hoole, a coffee chain backed by retail giant Tesco, has found significant success in its mobile commerce efforts. Earlier this year, the company launched its own mobile payments application. Since its launch, the app has been downloaded more than 22,000 times in the United Kingdom and has facilitated more than 200,000 mobile transactions. This success could spur the company to place more focus on the mobile space in order to engage consumers more effectively. Mobile payments are becoming…

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