PayPal teams with Orderbird to expand presence in Germany
PayPal has become an aggressive force in the mobile payments arena. The company has been establishing a strong presence in several mobile markets around the world and has become one of the most accessible mobile payment platforms because it is not based solely on NFC technology. PayPal has launched a new service in Germany that is meant to further bolster its presence in the European mobile sector. This service was launched with the help of Orderbird, a startup mobile commerce firm based in Germany.
Service aims to put a new twist on commerce
The new service is called PayPal CheckIn and it is designed to create a more personalized shopping experience for consumers. Using the service, a consumer can build a profile like they would on a conventional social networking site. This profile is activated when a person enters into a store that is using the PayPal CheckIn service. This is a form of geo-location that is similar to social networks like Foursquare and Facebook. Using the profile associated with the service allows consumers to shop for products they may be interested in based on their shopping history.
Orderbird customers show interest in PayPal services
Orderbird notes that the service will initially be trialed among a small number of businesses, mostly cafes and small retail outlets located in Berlin, Germany. Some 1,700 merchants throughout Germany, Austria, and Switzerland are using Orderbird’s services currently, and these merchants have been showing interest from the new mobile payments platform being offered by PayPal.
PayPal continues to pursue mobile commerce
PayPal already has several mobile commerce ventures it is invested in, with the most prominent being Beacon. The company has managed to attract a great deal of support from consumers looking to engage in mobile commerce but cannot easily do so because of a lack of NFC-enabled device. PayPal has opted to avoid using NFC technology for its mobile commerce ventures in order to make them much more inclusive to the general population.
Denny |
November 29, 2013
New report highlights growth of mobile sector
Leading market research firm yStats has released a new report concerning the global mobile commerce sector. The report, aptly named “Global Mobile and M-Commerce Report 2012,” highlights the growth that the mobile commerce sector had seen throughout the entirety of 2012 and what this growth could mean for the future. The mobile space has been gaining a significant amount of attention from businesses and consumers alike and many have been gravitating toward the new form of commerce that has emerged thanks to the advent of new technology.
Mobile sales rise throughout 2012
According to the report, the global mobile commerce sector saw impressive growth during 2012. In the U.S., mobile sales grow significant faster than regular online sales throughout 2012, especially when it came to purchasing tickets for sporting events and general travel. Beyond the U.S., the United Kingdom has establish a significant degree of momentum in the mobile commerce space and is expected to lead Europe in terms of total mobile and online sales thanks to the progress it has seen in this sector in 2012.
Mobile shoppers to reach 600 million by 2014
The number of mobile shoppers throughout the world is expected to reach beyond 600 million by 2014. Many consumers are beginning to show more interest in shopping from their mobile devices than through other platforms. Some are even opting to avoid physical stores in favor of mobile shopping. This is partly due to the convenience that mobile commerce represents as well as the growing availability of secure and comprehensive mobile payment services that align with the interests of consumers.
Retailers continue to show strong interest in mobile commerce
Retailers see a great deal of promise in the mobile sector and many companies have been working to become more accommodating to mobile shoppers. During the 2012 holiday season, many retailers saw a sharp increase in mobile sales, which accounted for a drastic rise in revenue. This year, retailers are expected to see a similar result, which will likely add further momentum to the mobile space going into 2014.