• Mobile Ticket Purchases Top Desktop Sales
    The average ticket of purchases made from mobile devices from Latin American e-commerce firm MercadoLibre's (Nasdaq: MELI) platform in Brazil is 32% higher than the average ticket of those made from PCs, according to a new study from the website. Also, transactions via mobile apps already represent 5% of MercadoLibre's total sales in the country, whereas in the overall Brazilian e-commerce segment that rate is reportedly 3.6% of total transactions. For those who access MercadoLibre's website via mobile phones, but without using apps, the average ticket is also 20% higher than access from PCs. According to MercadoLibre, some 10% of …
  • Spending via Tablets Tops Smartphones
    When it comes to mobile shopping, tablet users spend more money on average than smartphone mobile shoppers, according to data culled by comScore. The spend per purchase is $57 per tablet owner and $47 per smartphone user, meaning that tablets create 20 percent more in average spending per purchase. The importance of tablet spending isn't diminished by the mobile commerce dollars coming from smartphones, which enjoy higher market saturation than tablets. According to the comScore data, in the first half of 2013, smartphone sales accounted for $6.7 billion of the $10.6 billion spent in the mobile commerce industry. While that …
  • Mobile Transactions Seen as Key Growth Area for PayPal
    eBay has taken several initiatives to make its service more widespread, attractive and simpler. There are some tailwinds to its key businesses as global e-commerce volume continues to expand and mobile payments grow. As a result, the company has set aggressive targets for the next 2-3 years. eBay expects earnings growth of 15% to 18% over the next three years (including 2013) with revenues expected to jump by almost 70% during the same period. The current trends indicate that this may be achievable. PayPal is performing strongly and the marketplaces business is gaining momentum. Here are some ways the company …
  • Mobile Payments Firm Receives $15 Million More
    Paydiant Inc., a Wellesley firm developing back-end technology for retailers and banks to create their own mobile commerce and payment apps, said Tuesday that it has closed a $15 million round of funding from North Bridge Venture Partners, General Catalyst Partners, Stage 1 Ventures, and two of Paydiant's customers. Paydiant's platform is currently deployed in partnership with prominent card-issuing banks, retailers, restaurants, merchant processors, debit/ATM networks, and POS providers. The company was recently awarded a comprehensive mobile wallet patent for conducting payments in store, online, and for pay-at-the-table transactions, the company said in a press release.
  • Expedia Mobile Bookings Pushed by TV Campaign
    Expedia is promoting mobile booking via its travel application with a television ad campaign and sweepstakes giving anyone who downloads the app a chance to win a free trip. The Expedia "Find Your Spontaneity" TV campaign showcases the Expedia mobile app and how easy it is to book a trip on the spur of the moment as well as the Trip A Day Giveaway sweepstakes. The Expedia app enables users to book flights and hotels, view itineraries in real-time and save up to 40 percent on mobile exclusive offers.
  • Shopping Portal Operators Look to Fast-Track Mobile
    E-commerce may have taken its own sweet time to win over retailers and consumers in the region, but that is unlikely to come in the way of the region emerging a fast-track adopter of mobile commerce. Portal operators are doing test runs that would allow transactions to be done from a smartphone or tablet, which they believe will become the choice interfaces for the region's tech-savvy shoppers. Tejuri.com, the Dubai Government promoted entity that offers e-space on behalf of retailers, looks to offer such a window within the next four to six months. That is quick on the draw given …
  • Wedding Shopping App Updated for Commerce
    Brands such as J. Crew and Kwiat are enabling consumers to shop wedding looks as part of a new iPhone application update from search and commerce engine Lover.ly. Lover.ly is a wedding and shopping engine that lets brides and grooms search for inspiration and shop for their big days by pulling in products from more than 2,000 brands. The app revamp is the result of more mobile traffic and commerce coming since launching 18 months ago.
  • 37% of Smartphone Owners Bought Something, Says Study
    Mobile phones are increasingly being used as a shopping platform, with smartphones proving particular popular for this activity. Mobiles phones are becoming an increasingly popular shopping platform for consumers, with smartphone usage particularly geared towards commerce, a new survey has suggested. The Smartphone Intelligence study by Compete revealed that 37 per cent of smartphone owners - like Apple's iPod and the BlackBerry - have bought something with their handset over the past six months. A fifth of smartphone owners have purchased music by using their handset, 12 per cent have bought cinema tickets and 14 per cent have bought DVDs, …
  • Outdoor Clothing Retailer Increase Mobile Conversion Rate
    Outdoor clothing and gear retailer Clear Water Outdoor, based in Lake Geneva, Wisconsin, began studying mobile visits to its e-commerce site in 2012, when the traffic was still in the single digits. By the end of the year that percentage reached double digits and was growing fast, but the number of mobile visitors who actually decided to complete a transaction was far lower -- mainly because the store hadn't really thought about mobile device screens when designing and creating its content. "Since 2009 to now, over half the traffic has become mobile, but almost nobody was purchasing this way," said …
  • E-Commerce Service Provider Plans Mobile Wallets
    The Macau population could soon be able to use their smartphones to pay for services or goods, with an e-commerce service provider planning to launch a mobile payment system here. Hong Kong-based Tradelink Electronic Commerce Ltd says the project, which it calls 'mobile e-wallet', could be up and running in the fourth quarter this year. The project is a collaboration between Tradelink and Joint Electronic Teller Services Ltd (Jetco), the biggest network of ATMs in Hong Kong and Macau. Tradelink confirmed to Business Daily that the company decided to test the public's response to the mobile e-wallet in Taiwan and …
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