Tuesday, August 14, 2012

Mobile Commerce News Weekly – Week of August 12, 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

eBay’s stock experienced sharp growth last week after  releasing new information on it’s successful mobile business. Read Original Content

According to IDC Financial Insights, the number of consumers using their smartphones to complete online or offline transactions has doubled as of May 2012. Read Original Content.

Worldwide mobile payment transactions will total $171.5 billion in 2012, a 62 percent increase from $105.9 billion last year, and could reach $617 billion by 2016, according to research firm Gartner. 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

A study by RichRelevance has found that 68 percent of all mobile shopping in 2011 came from iPad users. Read Original Content

Google unveiled changes to its mobile payment system last week. The revamp allows a consumer to load any existing credit or debit card number into a software application, which then can be used to make purchases using smartphones equipped with a special computer chip. The changes aim to eliminate barriers to enrolling in the service. Read Original Content

Mobile banking adoption has tripled in the past two years, according to research from SWACHA. According to the Consumer Insights Survey 20 percent of respondents said they currently bank on their phones, compared to 7 percent in 2009. Read Original Content

Sales figures for online shopping conducted through mobile devices is predicted to reach $730 billion (£468 billion) within the next five years, new research suggests. Read Original Content

According to Nielsen 47 percent of U.S. smartphone owners used shopping apps in June 2012. Out of those apps used, eBay and Amazon topped the list of shopping apps, attracting 13 million and 12 million unique users, respectively. Read Original Content

France’s national e-commerce and mail order retail federation, Fevad has found that 40 percent of France’s 3.2 million tablet owners use their tablets to research a purchase, compared to 22 percent of the 19 million smartphone users. Read Original Content

A report from Juniper Research reveals that the NFC retail payments market will exceed $180 billion by 2017, up seven times over 2012. Read Original Content

Whitepapers of Note

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.