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Mobile payments growing in popularity at the supermarket

04/27/201304/24/2013 Stephanie Beck

Though the transaction type as a whole is still off to a slow start, there is demand when buying food. According to the latest industry data that has been released regarding the use of mobile payments, smartphone users enjoy using their devices to complete transactions at the grocery store. When consumers arrive at the point of sale, they are often happy to use their smartphones to pay. This mobile payments trend was included in the latest published data from Symphony EYC, in which they identified the findings of their recently…

Mobile payments report shows this will be the fastest growing transaction method

04/10/201304/09/2013 John Montgallo

Research shows that over the next five years, this will be rapidly increasing in popularity. Though much of the technology shopping focus may be on m-commerce at the moment, but according to the latest research, it is mobile payments that are coming out as the star in terms of growth at the moment and over the next few years. In brick and mortar stores, using smartphones for completing purchase transactions will become more common. The results of a new Javelin Strategy and Research study has shown that in the United…

Mobile payments of bills quickly increasing in popularity

03/28/201303/27/2013 Stephanie Beck

Western Union has just released its latest Index that has revealed the most recent bill paying trends. The latest Money Mindset Index has just been released by The Western Union Company, revealing its insight into mobile payments and the growing importance of their role in paying bills. The study revealed that a rapidly increasing number of consumers are using smartphones and tablets for this purpose. The study showed that among American consumers, 12 percent of the respondents said that they had intentions to use mobile payments for an increasing number…

Mobile payments to be worth more than $257 billion in 5 years

02/12/201302/11/2013 Jesse Collins

A new report has predicted that the use of smartphone transactions will skyrocket by 2018. A new market research report has just been released which has shown that there will be considerable growth in the adoption and worth of mobile payments over the next half decade. This report was released by MarketsandMarkets and says that by 2018, this market will be worth $278.9 million. The name of the report is “Mobile Money Market: (Mobile Payments, Mobile Remittance, Mobile Banking & Mobile Commerce) – Advanced Technologies, Value Chain, Adoption Trends &…

Mobile payments will be a larger focus for retailers in 2013

01/17/201304/13/2014 John Montgallo

Merchants have learned the lesson from the holiday shopping season and are moving forward with smartphone transactions. Retailers have been viewing the statistics that have been compiled from 2012 and its heaviest shopping season, and it has been made clear that mobile payments will be a necessary part of 2013 if they wish to remain competitive. Consumers are beginning to indicate that they want to be able to do more in-store with their smartphones. This, according from the study performed together by Shop.org and Forrester Research, called the “State of…