Retailers must adapt to mobile commerce or be left behind

Small business owner

Mobile commerce is changing retail The world is changing and must of this change is being born from technology. Mobile technology, in particular, has lead to a veritable revolution in the way people interact with each other and with businesses. Smartphones and tablets have become much more than simple communication devices and have begun providing people around the world with access to powerful social and commerce platforms. The emergence of mobile commerce has highlighted the need for retailers, in particular, to adapt to the growing importance of technology or risk…

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Mobile payments could be Amazon’s next big step

Amazon mobile commerce

A new solution may be introduced by the internet retailer according to recent filings made by the company. Though nothing official has been announced just yet, the mobile payments industry believes that Amazon is preparing to release its own platform that will offer a solution similar to GoPayment, PayAnywhere, or Square. This assumption has been made based on recent official filings that have been made by Amazon. The filing that has drawn the attention of the mobile payments world to Amazon was made with the United States Patent and Trademark…

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Mcommerce in Malaysia is on its way to $1.1 billion in three years

Malaysia Mcommerce trends

Prime minister of the country, Najib Razak says the results by 2015 are because of “upwardly mobile” citizens. The mcommerce sector in Malaysia is now being recognized as one of the fastest growing mobile environment, and the country is crediting its Digital Malaysia initiative for this speedy increase. By 2015, Malaysia is expecting the mobile sector to have generated $1.1 billion (3.4 billion ringgit). Malaysia is a country that has openly accepted mobile, and where a significant percentage of the population is already carrying smartphone and tablet devices. Prime Minister…

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PortfoLion to buy into Cellum: the Central Europe region’s largest venture investment in mobile payment sector

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**Budapest, September 9, 2011 – PortfoLion Venture Capital Fund Management Ltd is to invest HUF 400 million (EUR 1,5 million) in Cellum Global Zrt, member of the Cellum Group, the hungarian market leader in mobile payment solutions. Financial resources required for the transaction are provided by the European Union JEREMIE venture capital fund (Joint European Resources for Micro to Medium Enterprises Initiative). The agreement on the largest venture investment so far in the region’s mobile payment sector was signed on 1st September 2011. The technology developed by Cellum is marketable…

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