Tag: mobile commerce news

Bitcoin gains more support in the mobile commerce space

| October 9, 2014

Acromobile and Bitnet aim to take the risk out of digital currency

Acromobile, a mobile software provider, has announced that it has partnered with Bitnet, a prominent digital commerce platform, in order to enable merchants to accept payments in Bitcoin. The digital currency has been receiving more attention in the mobile commerce space, but many merchants are wary of it because of its somewhat dubious reputation. Bitcoin is extremely volatile, with its value fluctuating wildly for a variety of reasons. Acromobile and Bitnet believe that they can provide a “risk-free” solution for merchants dealing with Bitcoin.

New platform will enable merchants to accept payments made in Bitcoin without having to deal with the risks of the currency’s volatility

Bitnet’s commerce platform has been implemented into the software as a service Acromobile Payments solution. This will allow merchants using the solution to accept Bitcoin as a form of payment. Payments can be made by those using a mobile device. The platform also supports other forms of payment, including those made with debit and credit cards. The appeal of the platform may lie with its ability to effectively mitigate risk for merchants.

Retailers are somewhat wary of Bitcoin because of its fluctuating value

Mobile Commerce - BitcoinThe two companies are working to ensure that merchants will not be exposed to the digital currency’s price fluctuations. This is being accomplished through various tools that Acromobile has developed. The platform may help relieve some of the concerns that merchants have regarding Bitcoin, but whether or not the digital currency will gain any significant traction in the retail space may be something beyond the control of Acormobile and Bitnet.

The volatility of Bitcoin makes the digital currency a hard sell for retailers

Bitcoin is quite popular within the mobile commerce space, where it is seen as a viable form of currency by many. The volatility of the currency is a problem for retailers, however, as price fluctuations can leave them exposed to significant financial losses. A single Bitcoin is currently valued at approximately $331, but its value has been dropping steadily over the past few months.

Curbside aims to introduce more convenience to mobile commerce

| October 8, 2014

New shopping startup could make mobile shopping easier

Numerous companies are trying their hand in the mobile commerce market, but few are taking steps to introduce more convenience to this space. Mobile payments have become quite popular because of their convenient nature, but one company wants to take this convenience to a new level. Curbside, a shopping startup backed by $9.5 million in seed and Series A funding, aims to make the mobile shopping experience easier for consumers.

Curbside partners with retailers to make it more convenient for consumers to shop online and pick up products

Curbside plans to facilitate mobile shopping through its retail partners, of which Target is included. The Curbside application can be used by consumers to shop from an existing inventory provided by the company’s retail partners. Products can be purchased directly through the app, and Curbside will pick up these products so they can be retrieved by the shopper on the same day. The app uses geolocation technology to alert retailers where a customer has arrived at a store. Retail associated will then deliver purchased products directly to a consumer’s vehicle.

Retailers have had trouble engaging mobile shoppers in the past

mobile commerce - shopping made easierCurbside may be a good way for retailers to engage mobile consumers more effectively. The convenience that the service offers is expected to be well received among consumers, but Curbside is currently only available in a very limited area. In partnering with Target, the company hopes to begin expanding more quickly in the coming years.

Retail industry must adapt to the interests of mobile consumers

Mobile commerce has become a powerful force in the retail industry. Many retailers are trying to engage the growing number of mobile consumers that want to make use of services that are specifically designed for their smartphones and tablets. This has proven to be a difficult task, however, and many retailers have had trouble engaging mobile consumers effectively. Companies like Curbside could be a major benefit for the retail industry, providing them a way to connect with mobile shoppers without having to develop a completely new mobile commerce solution.