Author: Stephen

Mobile payments set for major growth in the future

Mobile payments are growing more popular

Mobile payments have already been growing in popularity around the world, but with consumers becoming more acclimated to the services that are available to them, mobile payments are set to see accelerated growth in the near future.  Consumers are beginning to see the benefits they could take advantage of through participating in mobile commerce. The convenience that mobile payments represents has, thus far, been one of the most attractive aspects of this new form of commerce and this aspect is likely to continue attracting the interests of consumers for years to come.

Report sheds light on various factors in mobile commerce space

BI Intelligence, a leading market research firm, recently released a report concerning the growth of mobile payments in the U.S. and in Europe. The report shows that mobile payments are becoming more common as smartphone penetration grows around the world. As more consumers get their hands on smartphones, the more likely they are to shop online using their mobile device. Young, affluent consumers have been leading the charge toward mobile commerce for some time, and these consumers in Asian and African markets are expected to be the major source of growth in mobile commerce in those regions of the world.

mobile payments consumersBusinesses growing eager to embrace mobile payments

The report shows that consumers are not alone in their interest in mobile payments. Businesses are beginning to become more accommodating of mobile commerce as smartphones and tablets become the favored shopping platforms for consumers. The report shows that higher transaction volumes through mobile sales will be the primary growth driver of mobile commerce among businesses in the future.

Mobile payments platforms have yet to be a hit with consumers

The report notes that mobile commerce platforms are plentiful, almost annoyingly so for consumers. While there is a multitide of mobile payments services to choose from, none of these have yet become a major hit with consumers. Even PayPal’s mobile commerce platform has yet to appeal to a significant number of consumers.

Gemalto to boost mobile commerce security in Japan

Mobile commerce security takes top priority with SoftBank

Gemalto, a leading digital security firm, has announced that it will be providing services to SoftBank Mobile in Japan. SoftBank has a keen interest in mobile commerce and engaging consumers that are becoming more heavily reliant on smartphones and tablets. To this end, SoftBank Mobile aims to provide these consumers with new mobile commerce services. The issue of security, however, has been a major concern for SoftBank, which is why it has turned to Gemalto.

Gemalto aims to address digital threats in mobile commerce

Gemalto has a great deal of experience when it comes to digital security. The firm has been involved in the mobile space for some time, providing comprehensive services that have helped make mobile platforms and services more secure against the threats that exist in the digital space. Mobile commerce receives a great deal of interest from hackers and malicious groups from around the world, which is why Gemalto is also beginning to see more attention from companies that are involving themselves in mobile commerce.

Mobile Commerce Security - SoftBankNFC technology to be made more secure

SoftBank Mobile aims to bring NFC-based mobile payments to more people throughout Japan. NFC technology will be used to facilitate payments being made from mobile devices, but the technology itself has received criticism in the past for its lack of security features. The security concerns that consumers have when it comes to NFC technology could drive them away from SoftBank’s mobile commerce endeavors. Gemalto will be providing services to the organization in order to help dispel some of the security threats that are associated with NFC.

Gemalto may help boost consumer confidence in mobile commerce

Mobile commerce is growing very quickly in Japan. While consumers do have concerns regarding security, these concerns are outweighed by the convenience that consumers find when participating in mobile commerce. Gemalto may be able to help put some of the security concerns that some people have to rest, allowing them to join in on the mobile commerce trend.