Consumers will be able to use their mobile devices to pay subway fares, eventually The New York Metropolitan Transportation Authority has announced plans to embrace mobile payments in the future, allowing city residents to use their smartphones to pay for rides on the city’s subway network. The organization plans to install mobile systems throughout the subway network in order to accommodate the growing demand for mobile commerce. These systems will not be available any time soon, however, as the agency plans to fully embrace mobile commerce by 2021. Mobile commerce…
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Mobile games could help treat serious illnesses
Mobile gaming is becoming an effective form of digital therapy for those with ADHD and other conditions Mobile games have become a very convenient way for people to entertain themselves, but these games may also be becoming a way to treat certain illnesses. In the United States, approximately $13 billion is spent on treatments for one in 10 children that suffer from attention deficit hyperactivity disorder (ADHD). These costs are typically associated with prescription medications, such as Adderall and Ritalin, but concerns over the effects of these medications are growing.…
Read MoreUK millennials are showing favor for mobile payments
Mobile payments is growing quickly among young consumers in the UK Mobile payments have become a very prominent force among millennials in the United Kingdom, according to a new survey from Compass Plus. They survey suggests that the age of consumers has a major effect on whether or not they will participate in mobile commerce. In the UK, younger consumers appear to be most comfortable with mobile shopping, largely due to their familiarity with mobile technology and e-commerce in general. Survey finds that younger consumers are more active in mobile…
Read MoreMobile commerce is growing aggressively in Europe
Europe has seen a major surge in mobile shopping in recent years More consumers are beginning to get involved in the mobile commerce space in Europe. The continent is home to the highest smartphone penetration in the world and many consumers are beginning to rely on their devices to get their shopping done. According to Twenga, an online open shopping search engine, online spending from mobile devices in Europe has doubled from 2014 through 2015. Mobile payments now account for 25% of all online purchases being made in the region.…
Read MoreMobile commerce is a hit with British consumers
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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