Mobile commerce, or m-commerce, will drive an estimated $516 billion in sales over the next three years, accounting for more than 70 percent of all mobile Internet revenue.
The number and total value of merger and acquisition activity in the mobile payments sector dropped significantly last year, but the sector is poised for strong growth, says Mooreland Partners.
New research reveals that if retailers want to lure the cream-of-the-crop shoppers, they'd better arm sales associates with mobile devices.
Only 9 percent of the top 100 online-only retail stores are using responsive design, finds a recent scorecard from The Search Agency. Instead, 59 percent were using dedicated mobile sites, which loaded faster on mobile devices than their responsive counterparts, according to a recent post at Marketing Land.
More people plan to conduct mobile commerce transactions this year than they did last year, finds research released Feb. 19 by mobile advertising company inMobi. Eighty-three percent of survey respondents worldwide, a 15 percent increase from 2013, plan to conduct mobile commerce in the next 12 months.
Quick rundown on the latest mobile IT news for Monday, 2/3 including: Apple's experimentation with solar and kinetic energy for the up and coming iWatch, the latest on mobile commerce, why 63 percent of firms say responsive web design can't hold out in the long term for mobility strategy, a possible hands-free app thanks to Parkmobile and which smartphone has the most malware infections.
Most small- to mid-sized businesses (SMBs) in the United States don't have mobile-friendly communications and services for customers. Fifty-nine percent of U.S. SMB websites aren't set up for customers to research and make purchases on their mobile devices.
Strategy Analytics has reduced its outlook for near field communications-based mobile retail payments, blaming tepid retailer adoption, slow operator rollouts and limited NFC-capable handset availability.
Revel Systems is bolstering its point-of-sale solution for Apple's iPad by adding support for PayPal's mobile commerce capabilities.
PayPal unveiled Payment Code--a new in-store payments platform enabling consumers to complete purchases with their mobile phone by scanning a QR code or activating a four-digit code.