Mobile commerce – creating a more convenient economic ecosystem within the palm of your hand Commerce is changing; it is becoming more mobile as smartphones and tablets become more prolific. Consumers are finding that their mobile devices are more convenient to use than traditional methods of commerce due to the vast assortment of applications that are available to them. The convenience and availability of these devices has caused a spike in mobile commerce activity and interest, with consumers showing that they are now more willing than ever before to move…
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What is contactless payments and how will it make my life easier?!
Near field communications (NFC) is a technology that has the potential to create a great deal of convenience to keep all of the different forms of identification that we need on a regular basis all easily accessible and in the same place. NFC is a form of contactless credential technology that can make a mobile device act as credit cards, debit cards, and even points and loyalty cards, or other types of identification such as a driver’s license. It promises to one day provide us with the chance to use…
Read MoreEveryone is talking about new mobile wallet technology
Though credit cards are still the standard here in the United States, in other parts of the world – such as Kenya – smartphones have replaced the card and card-reader technology which are now considered to be obsolete in that nation. In fact, among Kenyan adults, 70 percent use their mobile phones to pay for goods and services at a point of sale, and this country is not alone. Around the globe, an ever increasing number of people are using their mobile devices to pay for retail goods, groceries, and…
Read MoreMobile telecom jargon basics
Though there is a tremendous amount of information and discussion available regarding mobile technology available online, it does involve a large amount of technical jargon that is often thrown around but rarely defined. It may be easy to find information about various mobile topics, but understanding what metering is, the difference between GSM and CDMA, and why backhaul impacts your connection speed, and other technical topics can seem rather overwhelming when you don’t understand the terms being used. The following are some of the more basic mobile telecom terms that…
Read MoreThe ABC’s of mobile marketing and why your business needs to know
Despite the upsurge in the release of technology news regarding mobile payments, the companies involved, and how much it will be worth over the next few years, consumers remain confused about what mobile payments are and what they will mean to them. In response, industry experts have laid out the most important basic points. Mobile payments were designed to make payment transactions more convenient, using different kinds of technology, from near-field communications (NFC) to direct mobile billing. These are already increasing in popularity worldwide. By the year 2015, it…
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