Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

Value of mobile commerce transactions expected to double within next four years

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

A report from Juniper Research expects the worldwide value of mobile commerce transactions to exceed $3.2 trillion (£2.1 trillion) by 2017, up from $1.5 trillion this year. The banking sector is expected to account for the majority of this value, thanks to the increasing use of mobile devices to pay bills online.

The report notes that the retail, airline and financial industries have been emphasising the importance of the mobile channel, while many emerging markets are seeing mobile wallet services provide financial access to unbanked adults.

However, mCommerce still only represents a small fraction of all financial transactions - and its rollout is being hampered by a number of factors.

Dr Windsor Holden, research director at Juniper Research, said “A significant minority of retailers have yet to optimise their sites for mobile. Unless retailers ensure a seamless, user-friendly mobile shopping experience, they will fall behind competitors who are already using mobile channels to enhance customer relationships.”

[Whitepaper; report]

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

Whatever happened to all my tech?

ExclusiveWhatever happened to all my tech?

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.

ExclusivePredictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Kapture review: the audio-recording wristband

ExclusiveKapture review: the audio-recording wristband

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

RSS
12345678910Last

Recent Podcasts

ExclusivePodcast - 4th May 2011

This week's podcast returns to the subject of iPhone tracking before moving on to BlackBerry news, Nokia's reorganisation and mobile payments. There's also a look back to 2008, when virtual network Blyk announced its first 100,000 UK customers.

ExclusivePodcast - 27th April 2011

This week's news stories include claims of spying iPhones, Nokia's plans, Facebook chat, Sony's tablets, Ofcom complaints, legal action and Charlie Sheen. We also look back at the 'cashback crisis' of 2007.

ExclusivePodcast - 20th April 2011

This week's edition of The Fonecast covers text message donations, network partnerships, mobile payments and the latest innovations. There's also a look back at a feature from 2006 in which we discussed the still-current topic of voicemail hacking.

ExclusivePodcast - 13th April 2011

In this week's podcast we're joined by David Emm from Kaspersky Lab UK to talk about malware on mobile phones. And, as usual, we take a look at the latest mobile industry headlines - from pricey tariffs to an unlimited internet deal.

ExclusivePodcast - 6th April 2011

This week's podcast starts with news about mobile phones at the London 2012 Olympic Games... and ends with a newspaper being fooled by a ghostly iPhone application. In the middle you'll find mobile payments, takeovers, Facebook, wireless patents - and much more.

RSS
First5354555658606162Last

Follow thefonecast.com

Archive Calendar

«June 2026»
MonTueWedThuFriSatSun
25262728293031
1234567
891011121314
15161718192021
22232425262728
293012345

Archive