Mobile commerce report from PayPal offers trend insights

paypal venmo mobile payments

The online payments giant has released its data for both smartphone based and traditional online shopping. There is no doubt that there is a future in online shopping, but what the latest data is showing is that mobile commerce is already the preferred method of making an online purchase and that smartphones are the top device over tablets and laptop or desktop computers when shopping outside of the home. This new study was conducted by PayPal and the results were just recently released. Within PayPal’s study, it looked into the…

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Daily deal retailers in the Middle East turn to mobile for success

Egypt Mobile Commerce

The significant competition in the Middle East among daily deal websites have sent these businesses to the mobile commerce marketplace to appeal to the growing number of smartphone users. In following with this trend, LivingSocial, the American giant, intends to begin its own mobile deals service that will bring consumers in the Middle East “instant” deals in 2012, at the same time that its competitor, Cobone, says that 20 percent of its own business will likely be through mobile channels in the near future. Daily deal sites, such as the…

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Qtel Group and RIM seek to expand NFC mobile commerce

NFC technology mobile payments

The Qtel Group, a telecommunications company based in the Middle East, met with Research in Motion (RIM), a Canadian telecomm group, to discuss opportunities regarding the expansion of NFC technology in the Middle East. Mobile commerce is seen as a particularly lucrative industry in some parts of the Middle East, such as Qatar, where the popularity of smart phones continues to soar. Mobile commerce is made possible through NFC technology, which can turn ordinary smart phones into payment devices. The two companies are looking to expand their global relationship to…

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