The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile commerce and marketing, mobile payments, mobile money, e-wallets, mobile banking, mobile ads and mobile security that I run across each week. I am specifically targeting market size and market trend information.
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Bank of America is testing a new mobile payment service that lets customers use their Apple or Google smartphones to scan pictures to pay for things.
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According to a Gartner report the analyst firm expects mobile payment transaction volumes and values to grow 42 percent annually through 2016. By then they project that the market will be worth $617 billion with 448 million users.
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Mobile will matter—even, or perhaps especially, in stores—this holiday season, Deloitte LLP says. Mobile-influenced retail store sales such as product research, price comparison or mobile app use will account for 5.1 percent of retail store sales over the holidays, Deloitte predicts.
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Marketers allocated 16.3 percent of total search budgets to U.S. mobile search campaigns in Q3 2012, up from 14 percent in the year-ago quarter, according to a report released by IgnitionOne.
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Founded in 1979, DSI is a global provider of Enterprise Mobility Solutions®, helping companies worldwide increase productivity and profitability regardless of data source, device type, operating system or network connectivity. DSI serves clients globally through its offices in Australia, Canada, China, France, Hong Kong, India, Japan, Singapore, the United Kingdom and the United States. This newsletter is sponsored in part by
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Isis, which is a joint venture between Verizon Wireless, AT&T, and T-Mobile USA, told CNET that it was delaying the start of its trials, which were scheduled to during September in Salt Lake City, Utah, and Austin, Texas.
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Worldwide mobile payments will soar from $66 billion last year to $172 billion this year and more than $600 billion by 2016, market-research firm Gartner predicts.
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China looks set to adopt the worldwide NFC standard for contactless payments, in a move that could be a boost to the usage of smartphones for making cashless transactions in stores nationwide.
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According to a new Forrester Research report, mobile banking will reach 108 million users in the U.S. by 2017. That’s about 46 percent of all U.S. bank account holders.
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