The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile commerce and marketing, mobile payments, mobile money, e-wallets, mobile banking, mobile ads and mobile security that I run across each week. I am specifically targeting market size and market trend information.
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Online-delivery service WeDeliver is launching its mobile shopping site ahead of the holidays. The company, whose primary business is providing same-day delivery for local merchants, announced during Techstars' Demo Day in August that it would begin offering a mobile commerce platform called Locally for those same merchants. Read Original Content
Smartphone and tablet based commerce is expected to account for 49 percent of all online sales in Europe by 2018, according to new research published by Forrester. Read Original Content
According to an April 2014 report, Snapdeal revealed its mobile apps contributed about 45 percent of sales on the mobile platform in the previous three months. The report further revealed Flipkart got about 20 percent of its orders through mobile apps and hopes mobile users to contribute half its total sales in a year. Read Original Content
The cost and time to mobilize enterprise applications can actually meet or exceed the original cost and time to implement those systems. In their new report, “StarMobile Transforms Enterprise Apps into Mobile Apps”, 451 Research details the advantages of StarMobile’s app development tool and how it can drastically reduce the cost and time to mobilize enterprise applications. Download report here: http://starmobileinc.com/report-451research-starmobile-transforms-mobile-apps-into-enterprise-apps/
Mobile commerce has helped boost Alibaba’s revenue by a significant margin. The number of people using Alibaba’s mobile services has grown significantly over the past quarter, reaching 217 million monthly active users. Read Original Content
BitPay is working to make paying with Bitcoin simpler than it already is. In order to do so, BitPay has partnered with SumUp, a developer of point-of-sale systems that accept Bitcoin payments as well as payments made with conventional currencies. Together, the two organizations are developing a new mobile application. Read Original Content
According to a Federal Reserve report, "Consumers and Mobile Financial Services 2014," 17 percent of U.S. smartphone users have made a point-of-sale payment using their mobile phone in the past 12 months. Of those, only 14 percent waved or tapped their mobile phone at a cash register to make a purchase. Read Original Content
Visa Inc. and MasterCard Inc. are facing a potential blow in Canada as the government prepares to give merchants ammunition to fight any fee increases stemming from the growing use of mobile payments. The changes could make Canada the first country to give merchants the right to reject mobile payments through Visa and MasterCard. Read Original Content
Apple CEO Tim Cook said recently he planned to meet soon with Jack Ma, founder of Chinese e-commerce giant Alibaba Group, to talk partnerships. Apple officials were tight-lipped about whether the get-together has taken place, but Cook has a number of good reasons to caucus with Ma, starting with mobile payments. Read Original Content
Burger King has selected PayPal as a payment processor for their mobile app. To confirm payment a four digit pin is required. The app will not only allow consumers to pay on their mobile devices, but will also offer exclusive discounts and general information such as Burger King locations, menu, and nutritional information. Read Original Content
A new Accenture survey reports 40 percent of North American consumers have used their smartphones to make a payment at a merchant location, up from 16 percent two years ago. Read Original Content
New York-based cyber security startup HyprKey has announced it will launch phase one of its biometric mobile payments platform on November 16. The company says the first phase, which takes the form of a mobile app and web browser extension, is a “sneak preview” for a more advanced fraud-elimination and mobile payments protocol. Read Original Content
Even though the technology is still rather new, Forrester expects U.S. consumers to adopt mobile payments at an accelerated rate, reaching $90 billion by 2017. And following the highly anticipated release of Apply Pay, that number is only expected to grow. Read Original Content
Ever since its product SEQR was first launched in Sweden two years ago, global mobile payments provider Seamless, founded in 2001, has expanded into several other countries in Europe. Alongside many other players in the space, SEQR is Europe’s most used mobile wallet in stores and online. Now it’s coming to America. Read Original Content
IBM has predicted that on Thanksgiving Day the online shoppers conducting price comparisons, reading about products and making purchases over mobile commerce will represent 53 percent of all online shopping activities. Read Original Content
Cardfree, the leading mobile commerce provider to large merchants, announced it is the mobile application platform provider enabling Taco Bell’s® new mobile offering launched nationwide today. The company was selected by Taco Bell to provide the new mobile ordering application solution, as well as to provide cross-channel CRM solutions. Read Original Content
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Kevin Benedict
Writer, Speaker, Senior Analyst
Digital Transformation, EBA, Center for the Future of Work Cognizant
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.
Kevin Benedict,
Senior Analyst, Digital Transformation, Cognizant
Follow me on Twitter @krbenedict