Tuesday, November 15, 2011

Mobile Commerce News Weekly - Week of November 14, 2011

The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile payments, mobile money, e-wallets, mobile banking and mobile security that I run across each week.  I am specifically targeting market size and market trend information.

Also read Field Mobility News Weekly
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Also read Mobile Medical News Weekly
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Also read Mobility News Weekly
Also read Mobility Charts Weekly

According to the latest study of iResearch, the population of mobile payment users in 2011 worldwide is estimated to reach 141 million, an increase of 38.2 percent over 2010. Read Original Content

Online holiday shopping reached record levels in 2010, and with e-commerce spending up this year all signs point to consumers spending even more online this holiday season. Read Original Content

The November and December holiday shopping season is expected to generate nearly $59.5 billion in online sales, aided by increased consumer touch points such as tablets and smartphones that give buyers more access to the Web, according to a report by Forrester. Read Original Content

Pyxis Mobile provides an agile, powerful, and secure mobile enterprise application platform.  It enables rapid cross-platform application development, unlimited data integration, enterprise-grade security, and the unique ability to change and update applications in real time.  This newsletter is sponsored in part by Pyxis Mobile, http://pyxismobile.com/

Starbucks recently announced that its mobile payment app Starbucks Mobile Pay has generated over $20 million in purchases throughout the 9,000 locations with the payment feature. Read Original Content

Square, the payment processing service that allows merchants to accept payments using their mobile devices, has secured funding from Sir Richard Branson to further promote its expansion in the realm of digital commerce. Read Original Content

According to a recent study by Jumptab, one in six tablet owners will conduct mobile banking practices on their device. Read Original Content

UK shoppers will spend more than £7 billion online this Christmas, with almost half of that occurring in the first two weeks of December, according to Interactive Media in Retail Group. Read Original Content

Walmart is showing interest in allowing Apple’s EasyPay mobile payment app to be used throughout stores to purchase items and skip checkout lines. Read Original Content

The recent surge in mobile transactions has increased 49 percent in the past 12 months. As a result businesses have been able to reduce the cost of handling cash and have also reduced the expense of printing currency. Read Original Content

Mobile payment solutions company Square is now processing $11 million in transactions each day, almost triple the $4 million each day the company reported in late July. Read Original Content

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Kevin Benedict, Independent Mobile Industry Analyst, Consultant and SAP Mentor Volunteer
Follow me on Twitter @krbenedict

Full Disclosure: I am an independent mobility analyst, consultant and blogger. I work with and have worked with many of the companies mentioned in my articles.