UK is experiencing a major increase in mobile commerce activity Mobile commerce is surging in the United Kingdom. The Office of National Statistics has released its yearly report concerning Internet usage in the UK and has found that nearly all (96%) of British adults between the ages of 16 and 24 browse the Internet from a mobile device. This demographic is noted as being “on-the-go,” and busy schedules have made people rely more heavily on their smartphones and tablets. Smartphone penetration and growing mobile networks are exposing people to mobile…
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Toyota picks up mobile payments
Toyota teams with Barclays in order to enter into mobile commerce Toyota has begun embracing mobile payments. Toyota Financial Services, the financial arm of the automaker, has partnered with Barclays in order to allow drivers to make additional payments on their vehicles through their mobile devices. The Barclays Pingit application will be used to conduct these mobile payments. Toyota is one of the first automakers to begin taking mobile commerce more seriously and provide consumers with a way to pay for their vehicles from their smartphones and tablets. Divers can…
Read MoreMobile payments through PayPal launched at J.D. Sports
The service will allow consumers to be able to use their accounts and smartphones for paying. J.D. Sports, a sports fashion chain in the United Kingdom, has now launched a mobile payments transaction method availability throughout all six of its brands and across 630 different stores in the country. This service uses the online service, PayPal, according to the latest reports. This new mobile payments service has made it possible for shoppers to the sports clothing store to be able to bring their purchases to the cash register and pay…
Read MoreBarclays makes update to mobile payments application
Barclays continues to show interest in mobile payments Barclays, a global financial services organization based in the United Kingdom, has announced the introduction of new features to its relatively popular Pingit mobile payments application. Pingit has been the firm’s flagship mobile payments platform since its launch in February 2012. The application initially served as a platform that allowed Barclays customers to send money to friends and family, as well as others. As mobile commerce gained more attention throughout 2012, the firm began revising the Pingit application in order to be…
Read MoreMobile payments set to take off in UK retail
Next year, a much larger number of retailers are expected to allow shoppers to buy using smartphones. An agreement has just been announced in the United Kingdom, which has revealed that consumers will be able to use their smartphones for mobile payments at a much larger number of retail stores across the company. This process makes it possible to complete a transaction in a matter of 12 seconds, on average. As of next year, shoppers will be able to use mobile payments to pay for their purchases at locations such…
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