Three trends that will make a difference in mobile payments

Those with a history in the mobile payments industry know that it has been a slow (and mostly disappointing) journey. But now, reflecting on the current ecosystem forces at play, I believe we find ourselves surrounded by a set of market trends that can finally give mobile payments a viable path to scale.


Mobile Money Brings Financial Services to Developing World

If you thought that photographing a check to deposit it to your bank account was advanced, then think again. The developing world is leaping ahead of the West as mobile money management takes off globally. Quartz reports that in nine African countries, mobile money accounts outnumber bank accounts.


60 percent of consumers use mobile exclusively to make purchase decisions

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.


As world awaits Alibaba IPO, China’s ecommerce spending grows to $74 billion in Q1

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.


MyCheck Now Lets You Pay At Table, Split Bills And Tip Right From PayPal App

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.



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