Tuesday, May 29, 2012

Mobile Commerce News Weekly – Week of May 27, 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 has revealed 15 new national retailers that will eventually accept PayPal payments, as well as numerous agreements with terminal makers and point-of-sale software vendors that will significantly increase PayPal's presence as an option in brick-and-mortar stores. Read Original Content

Mobile online shopping holds the real opportunity in mobile payments. M-commerce is ramping up, proving that consumers not only like to shop via their mobile device, but also will purchase. Read Original Content

Intuit’s GoPayment is using geolocation to help small businesses determine local sales tax. The new GoPayment mobile credit card payment offering is among the first to provide geolocation-based sales tax calculations. 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

Worldwide mobile payment transaction values will surpass $171.5 billion in 2012, a 61.9 percent increase from the 2011 figure of $105.9 billion, according to a report from analyst firm Gartner, Inc. Read Original Content

A big jump in mobile payments is expected, but not with NFC in the U.S. NFC usage is still low in the U.S. and Europe, partly because relatively few smartphones and NFC-ready networks and terminals are in use, various experts have noted. Read Original Content

Apparently a factory reset will completely disable Google Wallet on some (and possibly all) NFC-enabled Android devices. Read Original Content

Nine in ten of people surveyed for a new mobile payments index who had used an NFC phone to make a payment said they would do so again but 33 percent said they had not heard of the technology before and 35 percent said they wouldn't use it because of concerns over security and fraud. Read Original Content

Recently, Trendwatching released a brief on Retail Revolution that highlights four ways e-commerce is transforming including the bridge between the online and offline experience. Read Original Content

Facebook, which made a faltering initial public offering earlier this month, is reported to be in talks to buy mobile technology group Opera Software. Read Original Content

Facebook co-founder Eduardo Saverin said mobile-payment company Jumio, one of his startup investments, is growing even faster than the social network did at the beginning. Jumio, started nine months ago, is on course for $100 million in annual sales and is "highly profitable," said Saverin. Read Original Content

Barclay's Pingit smartphone money transfer app launched in February 2012 and has proven to be something of a hit for the company, already picking up 700,000 UK customers. Read Original Content

It has been revealed this week by the Venture Beat website that Groupon, the deal-of-the-day website that features discounted gift certificates usable at local or national companies, is now testing and developing a payment gateway along the lines of Square. Read Original Content

British train operating company Crosscountry Trains has selected UK mobile purchasing services provider ImpulsePay's Payforit mobile payment system, Payforit 4 that allows passengers to purchase onboard Wi-Fi access using their mobile phones. Read Original Content

Apple's biggest competitor in the mobile-ad space is turning out to be Amazon, with its fast-growing Kindle device and a burgeoning mobile-ad offering. Read Original Content

Whitepapers of Note

Ruggedized and Industrial Mobile Device Articles

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

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Kevin Benedict, Mobile Industry Analyst, Mobile Strategy 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.