Yapital has plans to compete with PayPal in the European market Yapital, a payment processor based in Germany, has plans to become a competitor to PayPal in Europe. The company specializes in cashless payments and has seen a great deal of promise in the emerging mobile commerce sector in Europe. More consumers are using their smartphones to purchase products online, which has lead to the emergence of a multitude of mobile applications that aim to make mobile payments more convenient. Yapital believes it can establish a strong presence in the…
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Internet speed has a major influence on mobile commerce
Mobile Internet gaining more attention in Europe Mobile commerce has been gaining ground throughout Europe, but its adoption may be being slowed by slow Internet connections. Many people have come to rely on their mobile Internet connection, so much so that any device that cannot connect to the Internet is typically ignored by consumers. Exposure to the Internet and the convenience it can offer to the world of commerce has lead to a dramatic rise in the demand for comprehensive mobile commerce services. The problem, however, is that these services…
Read MoreMobile commerce audience in Europe is expanding
Mobile commerce shows signs of growth throughout Europe Mobile commerce is beginning to show signs of healthy growth throughout Europe. Many consumers in Europe have become heavily reliant on their smartphones and tablets, and these devices play a significant role in their daily lives. A new report from leading research firm comScore shows that the European mobile retail audience is showing signs of exponential growth as consumers begin to look for more efficient alternatives to traditional payment platforms. comScore sheds light on promising trends According to comScore, the European mobile…
Read MoreStrategic partnership looks to expand mobile payments in Europe
SK C&C to launch new mobile payments services in Europe South Korean technology firm SK C&C is set to launch its new Trusted Service Manager services in Europe later this year. These services are designed to support NFC-based mobile payments throughout Europe. The company formed a strategic partnership with Wirecard AG, a financial service firm based in Germany, in order to bolster its presence in the European mobile payments space. Both companies plan to commercialize the Trusted Servicer Manager services by the end of the year. NFC remains prominent mobile…
Read MoreMonitise and IBM team to bring new mobile commerce services to Europe
Mobile commerce services coming to Visa Europe Monitise, a mobile commerce firm, has teamed with IBM to provide new services to member banks of Visa Europe. Together, the two companies will work to promote mobile commerce services that are linked to cloud computing technologies from IBM. Introducing cloud computing to mobile commerce is not a new idea, but very few companies have managed to accomplish this feat successfully. Cloud computing could help bring a new level of security to mobile commerce that may make consumers more comfortable with purchasing products…
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