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Mobile Commerce News Weekly – Week of February 16, 2014

The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile commerce and marketing, mobile payments, mobile money, e-wallets, mobile banking, mobile ads 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
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A revolution is taking place in the way consumers shop online, with overall mobile sales doubling over the last year to a whopping $60 billion in value, and the tablet exploding on the scene as the payment device of choice.  Read Original Content

Generating over $330 million in revenue last year, Line has shown the world how a messaging app can earn boatloads of money. During a visit to Line’s Tokyo office, COO Idezawa Takeshi, revealed games accounted for 60 percent of its revenue. Read Original Content

Germany and Palo Alto-based m-commerce platform Shopgate has made its first acquisition: The Creathor Ventures and Northcap-backed company has acquired Magento developer MagCorp.  Read Original Content

The True Cost of Mobility - Companies are under tremendous pressure to develop and deploy mobile apps for their business systems, yet the traditional approach to mobile app development typically costs $250K+ and takes 6+ months for a single app. Today IT professionals are exploring platforms that radically reduce costs and time-to-market for their mobile initiatives, especially around complex applications such as SAP, Oracle, or custom applications. Download the whitepaper - https://www.capriza.com/resources/whitepapers/?resource=true-cost-of-enterprise-mobility&adgroup=MES

While in store, m-commerce activity often consisted of price comparisons, online. This was the case among 54 percent of the people who used their mobile devices while in brick and mortar shops. Another 41 percent had taken pictures so they would be able to view them in the future, according to Cheil Worldwide.  Read Original Content

Mobile commerce continues to be the bright spot for eBay as both Marketplaces and PayPal achieved record mobile results in 2013, each exceeding $20 billion in mobile volume. Total mobile commerce volume grew 88 percent with eBay reaching $22 billion and PayPal hitting $27 billion in 2013.  Read Original Content
MCX is a group of leading merchants dedicated to improving the shopping experience by offering consumers a customer-focused and secure mobile commerce platform. MCX merchants represent more than 70 prominent brands with 110,000 locations that process more than $1 trillion in payments annually.  Read Original Content

The Rugby Football Union is implementing mobile commerce services in its Twickenham stadium. Fans will be able to use a new ZNAP mobile app to place orders, make payments, and collect loyalty benefits.  The RFU hopes queues for food and drink will be reduced if visitors use the app to pre-pay for items.  Read Original Content

Despite Turkey’s economic struggles, good news is rolling in from its tech ecosystem. Pozitron, the mobile commerce technology company, was acquired for $100 million USD, by Monitise, a leading UK-based mobile payment solutions company. Read Original Content

Now that mobile advertising has successfully infiltrated social media, users from Twitter to Instagram are all reporting the same – a growing number of ads in their news feeds.
And the trend is projected to escalate dramatically throughout 2014 and beyond. In fact, mobile advertising specialists say, we’re just getting warmed up.  Read Original Content

ABI Research forecast over 34 billion tickets will be delivered to mobile devices over the next five years. The combined number takes into consideration the multiple technologies used to present a mobile ticket at time of authentication, including QR codes, NFC, SMS, mobile wallets, and Bluetooth Smart.  Read Original Content

Starwood Hotels & Resorts, which owns more than 1,150 hotels in nearly 100 countries, tells CNN it will debut smartphone-based hotel keys within the next three months at two of its Aloft hotels, in the Harlem neighborhood of New York City and Cupertino, California where Apple is based.  Read Original Content

Vodafone has now entered into a deal with Moneygram, a specialist in currency transfers, which will make it possible for users to exchange mobile payments from among 200 different countries to other users who are signed up for the M-Pesa service. Read Original Content

Weve, an upcoming mobile commerce platform in the United Kingdom, has partnered with MasterCard. The United Kingdom is quickly becoming one of the most attractive mobile payments market in the world. Read Original Content

Apple’s entry into the mobile commerce field may be based on the capabilities of its forthcoming iWatch. The company has been developing a new smart watch that has already managed to attract a great deal of interest from longstanding Apple fans. Read Original Content

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*************************************************************
Kevin Benedict
Senior Analyst, Digital Transformation Cognizant
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. 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 serves as the Senior Vice President, Solutions Strategy, at Regalix, a Silicon Valley based company, focused on bringing the best strategies, digital technologies, processes and people together to deliver improved customer experiences, journeys and success through the combination of intelligent solutions, analytics, automation and services. He is a popular writer, speaker and futurist, and in the past 8 years he has taught workshops for large enterprises and government agencies in 18 different countries. He has over 32 years of experience working with strategic enterprise IT solutions and business processes, and he is also a veteran executive working with both solution and services companies. He has written dozens of technology and strategy reports, over a thousand articles, interviewed hundreds of technology experts, and produced videos on the future of digital technologies and their impact on industries.

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