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Mobile commerce is powering growth for PayPal

02/05/201602/03/2016 Stephen Vagus

PayPal is finding a great deal of success through its focus on the mobile commerce space PayPal is beginning to see significant promise in the mobile commerce space. The company has long held a strong mobile presence, but a stronger focus on mobile commerce specifically may ensure future growth. PayPal has announced that it saw a 21% increase in revenue during the fourth quarter of 2015, with revenue reaching $2.6 billion. This growth was partly due to the acquisition of remittance firm Xoom. Strong support for mobile commerce also secured…

Mobile commerce is set to boom in India

02/03/201602/02/2016 Jesse Collins

Study predicts that mobile commerce with overtake e-commerce in terms of growth Mobile commerce is expected to overtake e-commerce in terms of growth in India in the coming years. Deloitte India has released a new study that shows that the demand for mobile commerce services is growing among consumers and businesses alike. Many people are beginning to rely on their smartphones and tablets to get their shopping done, both online and off. As such, they are shopping on conventional computers less frequently. More companies are involving themselves in the mobile…

McDonald’s brings mobile payments support to its Indian stores

01/28/201601/27/2016 Stephen Vagus

McDonald’s will support FreeCharge wallet in 216 of its Indian stores McDonald’s has begun to roll out support for mobile payments at its restaurants in India. The fast food chain has partnered with FreeCharge in order to support the use of the FreeCharge mobile wallet in 216 McDonald’s stores in 26 cities. Those using the mobile wallet can pay for their orders with nothing more than a smartphones and a PIN code, which changes dynamically. FreeCharge notes that it has been working closely with McDonald’s to develop a system that…

New mobile payments service is coming to Dubai

01/21/201601/20/2016 Stephen Vagus

New payment solution will help Dubai move toward becoming a cashless society Dubai aims to become a cashless society in the future and will begin focusing on mobile payments. Those with mobile devices will soon begin to take advantage of a new payment solution being developed by Quisk Middle East and Network International. This solution has won the support of the Dubai Smart Government, as well. The new mobile payments solution is expected to be rolled out across Network International’s point-of-sale network in the United Arab Emirates throughout this year.…

Patent filing highlights next step in mobile payments for Apple

01/11/201601/10/2016 Stephen Vagus

Apple is looking to further expand its efforts in the mobile payments market A recent patent filing from Apple suggests that the company may have more plans for the mobile payments space. The patent involves the development of a new system, which will serve as a peer-to-peer payments platform that will expand on iMessage. The iMessage service is widely used by consumers, as it allows them to text, send photos, and share videos with one another. Now, Apple intends to ensure that the service can be used for payments as…