Up to 60 percent of consumers exclusively used mobile devices to make a purchase decision in the categories of telecom, restaurants, auto, and entertainment, according to the latest research from xAd and Telmetrics in the third annual Mobile Path-to-Purchase report.
The world is waiting for Alibaba to hit Wall Street this summer as its IPO will likely be bigger than Facebook’s. That means China’s ecommerce market matters more than ever. New figures out today show that spending on China’s ecommerce sites keeps growing, hitting a grand total of RMB 446.44 billion (US$74.03 billion) in Q1 2014 – which is up 27.6 percent on the same time a year ago.
PayPal users will now have more options to pay with their phone when dining out. Thanks to a collaboration with Tel Aviv-headquartered checkout technology provider MyCheck, users will be able to pay for select restaurant bills and bar tabs, split their bill, tip their servers, redeem offers and more.
Think your smartphone is all about Candy Crush and restaurant reviews? Think again. They're actually having an impact on the way you shop, too.
Cyber security attacks that compromised the credit card information of hundreds of millions of customers at major retailers like Target over the holiday season drew vast national media attention. But "there's actually been a number of breaches over the years," Consumer Financial Protection Bureau Director Richard Cordray told CBS News; "your information is always at risk, every day."