It’s basic human nature to fear or distrust that which isn’t known or well understood.
As a result, many consumers continue to exhibit a lack of faith or trust in near field communications technology – specifically, NFC payments.
YouGov’s “The Future of Mobile Digital and Contactless Payments” report indicates that 35% of UK adults are aware of NFC-enabled mobile devices, but fewer than one in ten (9%) mobile and smartphone owners know that their device is NFC-enabled.
Posted in Announcements, Mobile Devices, Mobile Payments, Near Field Communication, News, NFC, Platforms, Predictions, Resources, Smartphones, Technology
On Thursday, Discover confirmed a new partnership with PayAnywhere, a mobile payment solution provider that’s quickly becoming one of the giants in its industry.
Discover Financial Services will begin offering PayAnywhere merchants the ability to accept PayPal at the point of sale.
This means that PayAnywhere merchants will be able to accept PayPal and will be able to tap into PayPal’s customer base – a base that has swelled to more than 55 million active customers in the U.S. alone.
Posted in Announcements, Mobile Devices, Mobile Partners, Mobile Payments, News, Platforms, Resources, Smartphones, Technology
We all know that mobile devices are now synonymous with browsing for and even purchasing various products. But did you know that people shopping on mobile devices visit more sites than those on a PC?
Mobile devices have made it possible for people to shop anywhere, anytime, and apparently, they’re taking advantage.
A new infographic shared by AdWeek and created by Millward Brown Digital paints a vivid picture of how and why more consumers than ever are now shopping from their mobile devices.
Posted in Announcements, Mobile Commerce, Mobile Devices, Mobile Payments, News, Platforms, Resources, Smartphones, Technology
With mobile payments and digital wallets increasing in popularity with each passing season, this young industry is now heavily influenced by a handful of players deemed most trusted by consumers.
According to Forrester data based on a survey of more than 4,000 respondents, 31% of US online consumers who own a mobile phone are interested in or already use mobile payments for in-store purchases, up from 18% in 2011.
However, while 61% of US consumers have heard of a digital wallet, only 11% use one, an indication that wallet providers still have a lot of work ahead to enable easy adoption, writes Senior Analyst Denée Carrington in new research detailing digital wallet strategies.
Posted in Announcements, Marketing Strategy, Mobile Analytics, Mobile Devices, Mobile Payments, News, Platforms, Resources, Smartphones, Technology
PayAnywhere, a national provider of mobile payments solutions for America’s small business owners, announced this week the official hours for the company’s customer service department.
“So that all of our valued team members are able to spend time with their loved ones this Thanksgiving, please note that we will be closing our Customer Service Department at 6 p.m. EST on Wednesday, November 27 (our Tech Support Department will close at 9 p.m.),” PayAnywhere confirms.
Posted in Announcements, Mobile Devices, Mobile Payments, News, Platforms, Resources, Smartphones, Technology
comScore has gazed once again into its crystal ball and the future looks bright for mobile commerce this holiday shopping season.
Although the six fewer days between Thanksgiving and Christmas this year compared to last year will likely result in a “slight decline” in the overall spending growth rate compared to a typical year, it won’t be noticeable against the backdrop of strong sales across all mCommerce and eCommerce channels.
With mobile sales factored in, we are more likely to see 14-17% year-over-year growth this season in online spending, comScore says. mCommerce is projected to reach its highest ever percentage of total digital commerce at 12-13% and approach $10 billion in spending for Q4 of 2013.
Posted in Announcements, Marketing Strategy, Mobile Commerce, Mobile Devices, Mobile Payments, Mobile Shopping, News, Platforms, Predictions, Resources, Smartphones, Tablet Devices, Technology
Isis – the mobile commerce venture created by AT&T, T-Mobile and Verizon Wireless – shared with MMW today details of its new Isis Alliance Program.
The Isis Alliance Program was created to support the merchant technology ecosystem with tools and resources to capitalize on the opportunities created by mobile commerce.
The Isis Alliance Program news comes days after the nationwide launch of the Isis Mobile Wallet, a free app that operates on the existing payments infrastructure and allows consumers to make payments and redeem coupons from their smartphones.
Posted in Announcements, Mobile Commerce, Mobile Coupons, Mobile Devices, Mobile Payments, Mobile Shopping, News, Platforms, Predictions, Resources, Smartphones, Technology, Wireless Carriers