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

mobile payments trends

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

black friday mobile shopping record

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

mobile commerce london england UK

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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