Tuesday, April 03, 2012

Mobile Commerce News Weekly – Week of April 1, 2012

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 Enterprise Mobility Asia News Weekly
Also read Field Mobility and M2M News Weekly
Also read Mobile Marketing News Weekly
Also read Mobile Health News Weekly
Also read Mobility News Weekly

PayPal is throwing its full weight into the mobile payments market. To fill its vacant top spot, the Web payments giant is elevating David Marcus, who joined the company in August as its mobile chief. Read Original Content

The payment space is in an extremely transformational period but the widespread adoption of mobile payments may be four to six years away, according to comments from American Express executives. Read Original Content

The gap between smartphone and tablet behavior continues to grow, signaling how the two devices need to be treated with different marketing campaigns, according to a new study from Forrester Research. Read Original Content

Verivo is a leading provider of enterprise mobility software, Verivo helps companies accelerate their business results. Its unique technology empowers teams to build, deploy, manage and update their mobile apps -- rapidly and securely. Verivo’s mobility platform is used by hundreds of companies in numerous industries, worldwide. This newsletter is sponsored in part by Verivo.  To learn more, visit www.verivo.com

Although just 14 percent of wealthy consumers (with a minimum gross annual income of $150,000) who own a smartphone say they regularly use their device to shop for products and services, overall two-thirds do so at least rarely, finds the Luxury Institute in March 2012 survey results. Read Original Content

The mobile experience is in a renaissance period, from phones to tablets to autos and more. Many predict NFC will bring one of the most significant improvements to the mobile experience of all. Read Original Content

According to research, NFC will reach around 700 million phones in 2016 from 20 million in 2011, a massive leap. Read Original Content

According to a VoucherCodes.co.uk. survey of 2,000 British adults, 60 percent would avoid mobile payments altogether while 17 percent would be interested but would be worried about the technology working correctly. Read Original Content

Using NFC for payments is quick and easy for consumers, but the technology still faces some major security issues. Here are five things you need to know about NFC. Read Original Content

The rapid growth of mobile payments can be credited to companies like Square or Zong. The theory is mobile payments will make buying things easier. However, what makes things easier for a customer to patronize some merchants may also make it harder for them to switch away from them. Read Original Content

As the mobile credit card processing industry continues to grow quickly, more companies are jumping into the development of their own applications and hardware, and most of those companies are using Apple’s popular iOS platform to do it, according to a report from Mac World. Read Original Content

Paymark, Vodafone New Zealand, 2degrees and Telecom New Zealand have announced plans to bring the future of mobile payment services to New Zealand. The four companies intend to form a joint venture to launch a trusted service manager, which will allow New Zealanders to make secure payments, collect loyalty points and use public transport with their mobile phones. Read Original Content

New research from American Express shows that more than half (52 percent) of U.S. consumers aged 18-24 are likely to try new technology-enabled payment tools – e.g. NFC-enabled mobile payments – compared with 23 percent of 55-65 year olds. Read Original Content

Recent Articles by Kevin Benedict

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You can follow me on Twitter @krbenedict and read my blog, Enterprise Mobility Strategies.

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Kevin Benedict, Independent Mobile Industry Analyst, Consultant and SAP Mentor Alumnus
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.