Whole Foods Markets teams with Square to enter into mobile commerce
Whole Foods Markets has partnered with Square in order to be more accommodating of mobile commerce. The grocery retailer has taken note of a rise in the use of mobile devices among its customers and has become well aware of the mobile commerce trend. Consumers throughout the U.S. are beginning to demand new mobile commerce services and Whole Foods Markets has turned to Square in order to accommodate consumer needs. Square is currently considered one of the most successful mobile payments organizations in North America.
Square helps Starbucks find success in the mobile sector
Square has been part of some of the most successful mobile commerce initiatives in the world. Starbucks partnered with Square in order to engage mobile consumers more aggressively. In 2013, it was reported that Starbucks managed to generate more than $1 billion in revenue through mobile payments alone. These payments were handled by Square’s mobile commerce platform. Whole Foods Markets believes that it can find similar success through its own mobile commerce initiatives.
Test phase will determine consumer interest in mobile payments and the viability of expanding mobile commerce services to other stores
Whole Foods Markets will be testing its mobile payments venture in a limited number of stores initially. The pilot testing phase is meant to help the company better understand mobile commerce and help determine whether mobile commerce is something its customers would participate in. Depending on the success of the testing phase, Whole Foods Markets will expand its mobile commerce initiative to more stores throughout the U.S.
Many consumers remain concerned about mobile commerce security
Square has been working to make mobile commerce mainstream for some time. The company’s partnership with Starbucks has effectively solidified mobile commerce with many consumers throughout the U.S., but many people are still somewhat leery of mobile payments. The concern that many people have when it comes to mobile commerce has to do with the security of their financial information. Mobile commerce has become a popular target for malicious groups that seek to exploit a consumer’s financial information through hacking and other such practices.
Shopgate successfully acquires MagCorp, gaining access to Magento
Shopgate, a prominent mobile commerce platform, has announced the completion of its first acquisition. The company has successfully acquired MagCorp, developers of the open source e-commerce platform Magento. The platform has become quite popular among merchants looking to engage consumers more effectively. With its acquisition of MagCorp, Shopgate will gain access to the company’s talent and current line of products, including the Magento platform, which may help Shopgate expand its presence in the mobile commerce field.
Mobile shopping is becoming a priority for retailers
Mobile shopping is becoming quite popular throughout the world. Consumers are beginning to use their smartphones and tablets to purchase products online rather than shop from home on their computers. As consumers become more mobile, retailers must adapt or risk becoming irrelevant to a new generation of shoppers. As such, merchants have been turning to companies like Shopgate and MagCorp to find the tools they need to participate in mobile commerce more effectively, thereby increasing consumer engagement.
Shopgate continues to show promising progress in the mobile field as retailers look to engage a new generation of consumer
Shopgate allows merchants to build their own mobile store fronts. This is not a unique service, but Shopgate claims that it beats out the competition through its integration of popular web-based e-commerce platforms, like Magento. Using Shopgate, merchants can quickly establish a mobile presence that is ready to handle mobile shoppers. Using services such as Magento makes Shopgate’s appeal stronger as such service streamline the mobile commerce process for merchants.
Acquisition of MagCorp may help bost Shopgate’s presence in the competitive mobile commerce space
Shopgate has plans to expand the adoption of Magento. The company will promote the Magento platform among existing and potential clients in order to further its presence in the mobile commerce field. Shopgate currently represents more than 5,200 online shops and some 4,200 native shopping applications for iOS and Android platforms. As Magento becomes further integrated with Shopgate, the company expects that its mobile ventures will continue to attract strong attention from retailers looking to engage in mobile commerce more aggressively.
