New York aims to use mobile payments to let consumers pay subway fares

New York Transit Mobile Ticketing

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 games health app trend

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.…

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UK millennials are showing favor for mobile payments

Women mobile payments texting trends

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…

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Mobile commerce is growing aggressively in Europe

mobile commerce online shopping

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.…

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Mobile commerce is a hit with British consumers

United Kingdom mobile commerce

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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Argos reaches $1 billion in mobile commerce revenue

mobile commerce

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

mobile commerce payments smartphone shopping

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

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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