Making online consumers wait three seconds isn’t going to get an e-retailer far these days. The percentage of consumers willing to wait two or more seconds for a web page to load is shrinking. A 2014 survey of nearly 3,500 consumers around the world found 51% were willing to “wait patiently,” or more than two seconds, for a web page to load. That’s compared to 63% who said they were willing to be patient five years earlier. Market research firm TNS ran the 2014 survey commissioned by web performance firm Akamai Technologies Inc.

Online fashion retailer Myntra will shutdown its website from May 15, shifting to an exclusive mobile app-based model. As we reported earlier, this will be the first such instance of an e-commerce player transforming into a mobile-only entity as internet usage on smartphones witnesses a surge in India. Myntra informed users about the move through print ads published in national dailies and via e-mail. The e-mail communication mentions that the online fashion experience is a personalised one and is 'only possible through the device that is closest to the user.'

Digi-Capital, an intelligence firm, has released the results of some of its latest research, which has revealed that spending on mobile gaming software is growing at such a rate that it will have left consoles way behind by the year 2018. This will, in fact, mean that mobile gaming will not only outpace that of consoles, but of the entire industry. Digi-Capital has also predicted that the tablet and smartphone games spending figure will rise at a rate of 8 percent per year, so that it will break the $110 billion mark by the close of 2018. No other type of device is expected …

National convenience store chain 7-Eleven has rolled out the Slurpee All Access Chill sweepstakes contest, which incorporates the retailer’s mobile application to drive summer sales for limited-edition flavor  Mtn Dew Solar Flare as well as app engagement. Contestants enter by purchasing Slurpee drinks, downloading the 7-Eleven app and scanning the bar code located on the cup, encouraging consumers to spend more in-store and drive up app usage. To further play on consumers’ interests in warmer weather activities, prizes for the sweepstakes all center around summer with a focus on summer festivals and concerts, such as VIP trips to top upcoming music …

Uber is reportedly planning to launch a same-day online retail delivery service. According to TechCrunch, Uber has already issued training documents for drivers and couriers who want to participate in the service. About 400 retailers including Neiman Marcus, Louis Vuitton, Tiffany’s, Cohen’s Fashion Optical and Hugo Boss are said to be considering participating in what will be called the Uber Merchant Delivery Program. Training documents reference retailers Hugo Boss and Cohen’s Fashion Optical as examples. In addition, the Spring mobile shopping app has offered a test of a combination of the Uber delivery service with Spring’s shopping functionality to specialty retailers including …

With Paymit (a combination of “Payment” and “Transmit”), UBS and Zurich Cantonal Bank, together with SIX as the infrastructure provider of the Swiss financial centre, are offering the first P2P payment app in Switzerland based on a common banking standard. This means that Paymit can be used by anyone living in Switzerland, irrespective of whether they bank with UBS, Zurich Cantonal Bank or another bank. The only thing needed to use the app is a Swiss mobile phone number and, depending on the app, a bank account and/or a credit or prepaid card. Paymit has been developed by SIX …

Online retailer Net-A-Porter is increasing its mobile efforts with the launch of two applications that blend content with commerce. Net-A-Porter’s digital magazine The Edit has a new shoppable app, while a social shopping network from the retailer, called The Net Set, is debuting May 13. For Net-A-Porter’s digital-savvy audience, these mobile apps give consumers more ways and choices of how to interact and shop. “We already have built dedicated shopping apps for Net-A-Porter, and have amassed over 2.8 million downloads,” said Sarah Watson, vice president of The Net Set. “Additionally, we have grown a social following of over 4.1 million across …

Pizza Hut is following in Domino’s footsteps by rolling out a mobile-enabled order navigation platform that allows customers to track their pizza orders from the oven to delivery at their homes, proving that quick service restaurants must innovate digital ordering to stay competitive in the sector. Pizza Hut’s pizza navigation system is currently being rolled out to consumers in the Dallas area before a nationwide introduction occurs later this year. The digital ordering platform speaks to the increasing “Uberfication” of fast-food chains, referring to the instant gratification that consumers can receive by simply pressing a few buttons on their smartphones …

Thirty percent of consumers either own or plan to buy a wearable device in the next 12 months, and 34% of those consumers want wearable technology to make their lives easier – and that includes shopping. Those are among the findings of a new study by PowerReviews, a ratings and reviews provider. The study, “Mobile, Wearable Tech and Hyper-Relevance,” analyzes how new technologies are impacting retail. It finds that more than twice as many shoppers are accessing product reviews in-store via retailer’s mobile site (54%) than a retailer’s app (21%). According to the study, shoppers are most interested in using wearable tech …

Speaking on behalf of the home improvement retailer, company representative Steve Holmes toldBloomberg that his company plans to introduce in-store support for Apple Pay, but declined to specify an exact rollout timetable. Today's announcement comes hours after media outlets relayed customer complaints of recent changes to Home Depot's NFC payments protocol. The retailer's point-of-sale terminals officially accept PayPal mobile, but iPhone 6 owners reported that many locations have been processing Apple Pay purchases since the service launched in October. Within the past week, however, customers who normally use Apple Pay at their local Home Depot discovered the chain abruptly reversal of policy. AppleInsider received word from …