Social commerce awaits big revolution

My point is that e-commerce and social commerce are still superficial in India, while Internet and mobile invasion are growing by leaps and bounds. There are about 80 million Internet users in India and 850 million mobile customers – and …

VeriFone Sees a Potential Bonanza in Mobile Wallets Tied to NFC

Bullish on the prospects of electronic wallets residing on smart phones equipped with near field communication (NFC) chips,leading point-of-sale terminal maker VeriFone Systems Inc. says that topline revenues from software,services,and equipment for NFC wallets could increase in the United States between $100 to $150 million,and more internationally,if and when such electronic wallets become mainstream. The […]

Traveling through San Francisco on contactless tickets

As the home of global payments firm Visa Inc,it’s no surprise that contactless is such a big hit in San Francisco. The city has featured in promotional videos from the company highlighting the convenience of leaving a wallet at home and paying for small value items with contactless. But the trend for contactless goes back […]

Mobile wallets:no shortage of consumer appetite but confusion reigns,finds YouGov

Consumers want mobile payments and the ‘mobile wallet’may have become an industry buzz phrase,but research by YouGov shows 70% of consumers haven’t heard of the concept,and 91% haven’t heard of Near Field Communications (NFC) –the technology that enables cashless payments on their mobile handset. The research revealed an appetite for mobile payments –almost one quarter […]

eMarketer:Tablets Beating Smartphones For Mobile Shopping,Commerce

According to new research out from eMarketer and the E-tailing Group,tablet owners have overtaken smartphone owners in terms of mobile commerce. One in 10 tablet owners reported using their device for browsing or buying online every day,vs. 6% of smartphone owners. They also made more purchases. Nearly one in four had made at least six […]

Isis discusses Salt Lake City NFC pilot plans

The Isis NFC pilots due to take place in Salt Lake City and Austin from this summer will run for six to twelve months before a nationwide rollout begins,the carrier-led joint venture’s Jim Stapleton… Read the rest of Isis discusses Salt Lake City NFC pilot plans at NFC World.

Rumor Mill:Google to ditch Motorola’s set-top box division

Google (NASDAQ:GOOG) is considering selling Motorola Mobility’s (NYSE:MMI) set-top box business,according to a report in the New York Post.  The report,which cited unnamed sources,said Google has hired Frank Quattrone’s investment bank,Qatalyst Partners,and Barclays Capital to look for potential buyers. The report said that Google may unload the business in part because MSOs have been cutting back […]

Usablenet’s Jason Taylor discusses the future of mobile commerce

Dude,you bought a Dell laptop using your phone The world’s largest mobile commerce platform company has a bird’s-eye view of how brands,retailers and consumers are turning to smartphones and tablets for fulfilling searching,shopping and buying activity. Does Usablenet see a tipping point for mobile commerce on the horizon? In this extensive interview,Jason Taylor,Usablenet vice president […]

VeriFone Sees a Potential Bonanza in Mobile Wallets Tied to NFC

Bullish on the prospects of electronic wallets residing on smart phones equipped with near field communication (NFC) chips,leading point-of-sale terminal maker VeriFone Systems Inc. says that topline revenues from software,services,and equipment for NFC wallets could increase in the United States between $100 to $150 million,and more internationally,if and when such electronic wallets become mainstream. The […]

Visa’s Wallet Strategy – Part 2

I’ve been thinking about Visa’s wallet strategy this week. From my last blog (Visa Digital Wallet) … a non-announcement, a rebranding of what CYBS and PlaySpan already have. Too many teams are angling to make the wallet (mobile, online, …), and not enough focusing on the value of what is in it. Google, Apple, and […]