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Mobile Commerce News Weekly – Week of July 22, 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

Kenya has more cell-phone subscriptions than adult citizens and more than 80 percent of those with a cell phone also use “mobile money”. Read Original Content

In 2012, developers using Google Play have pulled in more revenue from in-app purchases than from the sales of the apps themselves, a validation of the "freemium" model and digital purchases. Read Original Content

Revel Systems, the company that is selling iPad checkout services to retailers around the country, is coming out with a new version of their app for food trucks. The app includes features like employee tracking and employee scheduling and also Twitter integration 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 new report from Juniper Research says NFC payments will evolve into a massive $180 billion global market by 2017. The growth represents a seven fold increase over 2012. Read Original Content

ABI Research predicts that globally $119 billion in goods and services will be purchased via a mobile phone in 2015, representing about 8 percent of the total e-commerce market. Read Original Content


Mobile commerce through mobile phones will represent 6.8 percent of all online sales across Europe by 2017, reaching €19.25 billion, a new Forrester study affirms. Read Original Content

Sage Pay has formed a partnership with leading mobile commerce provider, The MoBank Group, which will enable Sage Pay’s 40,000+ merchants to easily integrate onto the mobile channel via MoPowered, The Mobank Group’s secure Software-as-a-Service mCommerce solution. Read Original Content

Mobile commerce is growing in France. Seventy-four percent of smartphone shoppers now use their mobile devices to shop at home, and 20 percent say they make purchases while on public transportation. Read Original Content

According to Gartner, mobile apps reached $4.2 billion in sales last year. And they are projected to gain $29.5 billion sales by 2013. Read Original Content

Consumers are getting more comfortable making purchases from mobile devices with 64 percent of smartphone owners using their mobile device to shop online (from eDigital Research) and 1 in 5 tablet owners having used their device to make online purchases (from ComScore). Read Original Content

The NFC retail payments market is expected to be worth more than $180 billion globally by 2017, according to Juniper Research. The company forecasts that North America, Western Europe and Far East regions will contribute 90 percent of this market value, as smartphones with NFC payment technology become standard. Read Original Content

Mobile shopping rose in the second quarter while social media sales fell, providing an indication of where U.S. retailers may invest in order to capture the attention and loyalty of the digital consumer, according to a new report from IBM. Read Original Content

When it comes to mobile banking, Citi and Chase lead the pack with services that help clients manage their finances while on the go. See how the two differentiate their mobile sites and applications. Read Original Content

Mobile visits to e-commerce sites continue to grow, with mobile now accounting for 20.8 percent of visits to Screen Pages' clients' websites. Read Original Content

A new report from Juniper Research has found that the NFC retail payments market will exceed $180 billion globally by 2017, more than a seven-fold increase over 2012. Read Original Content

Users of a shared workspace in Prague are paying for drinks and snacks with contactless cards thanks to an NFC payments solution developed by a local company. A Nexus S phone serves as a payment terminal, and users are issued with NFC tags to identify themselves at The Hub's bar. Read Original Content

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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.

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More Stories By Kevin Benedict

Kevin Benedict is the Senior Analyst for Digital Transformation at Cognizant, a writer, speaker and SAP Mentor Alumnus. Follow him on Twitter @krbenedict. He is a popular speaker around the world on the topic of digital transformation and enterprise mobility. He maintains a busy schedule researching, writing and speaking at events in North America, Asia and Europe. He has over 25 years of experience working in the enterprise IT solutions industry.