Government officials in Canada and the U.S. have taken notice of emerging mobile technology trends and listened to consumers’ concerns regarding the security of using smartphones and tablets for banking and shopping.
Industry News
Tablets are becoming an important component of retailers’ multichannel strategies, both in-store and online.
It was recently announced at the Smart Card Alliance NFC Solutions Summit 2012 that near field communication technology (NFC), and therefore mobile payment capabilities, are on the way to mass market adoption.
A recent study by eDigitalResearch revealed that consumers need to become familiar with mobile payments and near field communication (NFC) technology if the trend is going to take off.
The frozen food industry, which IBIS World estimates will be valued at $27.6 billion by the end of the year, managed to grow over the past few years despite the economic recession.
A recent report by PayPal revealed an uptick in mobile payments by Singaporean consumers.
It’s predicted that mobile payments will take off in the next few years as consumers adopt smartphones capable of completing remote transactions and merchants invest in new payment processing terminals.
Instead of focusing on digital wallets for smartphones, a new service allows consumers to contribute their loose change and cash to online payment accounts that can be used at ecommerce sites.
The ecommerce industry is on the rise and online travel booking sites are a primary contributor.
Online publishing was recently named one of the best industries in 2012 by Inc Magazine.
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