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E-Commerce Generates $1.2 Million Revenue Every 30 Sec

Aug 21, 2015

Every 30 seconds, global e-commerce industry generates over $1.2 million revenue with Facebook, Pinterest and Twitter contributing $5,483, $4,504 and $4,308 respectively, according to an ASSOCHAM-Deloitte joint study. The study found that ...

Tags: e-commerce industry, social networks

Indian Ecommerce Market Is Expected to Quadruple to $60-70 Billion Over The Next 5 Years

Feb 15, 2015

Driven by faster growth in goods than services, ecommerce market in India is expected to quadruple to $60-70 billion over the next 5 years, according to a recent report. The report titled ‘Retail 2020: Retrospect, Reinvent ...

Tags: Ecommerce Market, Apparel

Online Payment Continues Its Growth in The Emerging Markets of This Dynamic Region

Dec 9, 2013

The new "Latin America Online Payment Methods 2013 – Second Half 2013" by Hamburg-based secondary market research company yStats.com indicates that online payment continues its growth in the emerging markets of this dynamic region. ...

Tags: online payment, mobile phone, mobile payments, online shopping

Ericsson Used Thursday's Mobile Money Global Event to Highlight The Rapid Change

Nov 19, 2013

Ericsson used Thursday’s Mobile Money Global event to highlight the rapid change in regional consumer behaviours around the use of mobile money. Rajiv Bhatia, Head of EMEA Mobile Commerce Sales, Ericsson, discussed how the shift ...

Tags: Ericsson, ME, mobile, shift

Isis Will Roll out Its Mobile Wallet Application Nationwide Later This Year

Aug 5, 2013

Isis will roll out its mobile wallet application nationwide later this year following successful pilots that launched last fall in Austin, Texas, and Salt Lake City, Utah. Isis, which competes with Google Wallet and other mobile wallet ...

Tags: Mobile Wallet

Technically Savvy People May Be The Coin of The Realm at The Bitcoin Foundation These Days

Jun 3, 2013

Technically savvy people may be the coin of the realm at the Bitcoin Foundation these days. The foundation, which handles most of the back-end development work for the digital currency, currently has just two full-time staff members and ...

Tags: Bitcoin Foundation, Staff

Bitcoin Are Craving More Technically Savvy People to Support Its Use

May 18, 2013

Bitcoin is not going away, the digital currency's developers say, and they're craving more technically savvy people to support its use. "Our bottleneck is not new code, it's code review and testing," said Gavin Andresen , chief scientist ...

Tags: Bitcoin, Coder

Global Mobile Wallet Market Forecast to Reach $1,602.4bn by 2018

Apr 11, 2013

EMEA is anticipated to be the largest market for the mobile wallet industry Global mobile wallet market forecast to reach $1,602.4bn by 2018, growing at a compound annual growth rate (CAGR) of 30.7% between 2012 to 2018, according to a ...

Tags: Mobile Wallet Market, EMEA

2013 Will See The Acceleration of The Use of Mobile Payments Channel

Dec 28, 2012

Half of UK Visa payments will be made through mobile devices by 2020 as mobile infrastructures pave the way for mass adoption of mobile wallets. According to Visa Europe, 2013 will see the acceleration of the use of mobile payments ...

Tags: UK, Visa, mobile, payments, mobile wallets

More That a Dozen Retailers Have Joined Forces to Form The MCX

Dec 28, 2012

More that a dozen retailers including Best Buy, Walmart, Target and 7-Eleven have joined forces to form the Merchant Customer Exchange (MCX), a mobile-payments network that will compete with Google and Isis. The retailers claim that they ...

Tags: Walmart, Target, MCX, mobile payments network

EU Agrees to Allow The UK's Top Operators to Work Together on Mobile Payment Solutions

Dec 27, 2012

The European Union (EU) today agreed to allow the UK’s top operators to work together on mobile payment solutions. Vodafone, O2 and Everything Everywhere announced the plan to create a joint venture in March this year, hoping to ...

Tags: UK operators, Computer Products, mobile commerce

Apple Apparently Made The Right Decision to Omit NFC From The iPhone 5

Dec 21, 2012

Apple apparently made the right decision to omit NFC from the iPhone 5, given that 68% of U.S. consumers prefer to buy goods using cash and credit cards over mobile wallets, according to a recent consumer survey. "Consumers aren't ready ...

Tags: NFC, Apple, iPhone 5, U.S.consumers, mobile wallets

Apple Apparently Made The Right Decision to Omit NFC From The iPhone 5

Dec 19, 2012

Apple apparently made the right decision to omit NFC from the iPhone 5, given that 68% of U.S. consumers prefer to buy good using cash and credit cards over mobile wallets, according to a recent consumer survey. “Consumers ...

Tags: iphone 5, mobile, NFC, survey, smartphone

Bunna International Bank Partnered with Infosys to Deploy Finacle Core Banking Solution

Dec 17, 2012

Bunna International Bank announced today it has partnered with Infosys to deploy Finacle core banking solution, as it attempts to transform its banking experience. Finacle will enable the bank to integrate its front and back office ...

Tags: Bunna International Bank, Infosys, banking experience

The Survey From Visa Europe Coincides with The Launch of Contactless Payment Functionality

Dec 13, 2012

Over three-quarters of Transport for London customers want alternative ways to pay for their journeys,with contactless payments the preferred alternative to Oyster and cash for 45%of respondents,according to research. The survey of 2,050 ...

Tags: contactless payment, Visa Europe, transport, London

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