Tag: mobile commerce

Latin America to receive new options in terms of mobile payments

Clip, a mobile payments company, has announced that it has successfully raised some $1.5 million in funding recently. The funding will be used to bring the company’s mobile payments services to Spanish-speaking parts of the world. Clip suggests that mobile point-of-sale systems are relatively uncommon in these parts of the world, effectively prohibiting numerous consumers from participating in mobile payments in any significant fashion. Clip expects that in offering its services to Spanish-speaking consumers will encourage these people to embrace mobile commerce.

Clip backed by powerful and useful experience in commerce

Clip itself is a relatively new startup, but the company is backed by talent personnel that have extensive experience in mobile commerce. The company was founded by Adolfo Babaya, whom had worked as PayPal’s Customer Engagement Latin America department in the past. Backed by this experience, Babaya is well equipped to enable Clip to engage a wide assortment of Spanish-speaking consumers throughout Latin America.

Mobile commerce has yet to establish foothold in Latin America

Latin America is a relatively unpopular market when it comes to the matter of mobile commerce. This is somewhat unfortunate given the high penetration of mobile technology throughout the region. Consumers in several countries in this region have shown their interest in shopping online, making use of the various e-commerce platforms that are available to them. Mobile commerce has yet to take hold in any significant fashion, but this is not just due to the lack of mobile payments services. Banks and other financial services firms throughout Latin America have expressed security concerns regarding mobile commerce as a whole.

Consumers expected to embrace mobile payments from Clip

With Clip introducing new mobile payments opportunities to consumers, mobile commerce may be able to establish a stronger foothold in a very economically active region of the world. Consumers are likely to respond well to the introduction of Clip’s services. Retailers are expected to benefit from the company’s services as well, as there are currently very few mobile point-of-sale solutions available to retailers in this part of the world.

When compared to smartphones, these devices are being used on an increasing basis for shopping.

As consumers become increasingly reliant on their mobile devices for everything from communication to purchasing and payments, data is starting to reveal that it is tablet commerce that is racing forward at the fastest pace within the m-shopping space.

While smartphones are still in the lead, their larger screen cousins are beginning to catch up.

The latest research from MasterCard has shown that there is a great deal of debate regarding the importance of the role of tablet commerce in mobile shopping as a whole. Smartphones are a great deal more common, but purchases aren’t being made as often or in as high a value on them as their bigger mobile counterparts.

Now, a new study is suggesting that tablet commerce may soon virtually replace smartphone shopping.

Forrester Research has just released a study that suggests that it is tablet commerce that is paving the way to the future and that these devices may replace smartphones when it comes to searching for products and actually purchasing them. Their data showed that 30 percent of American tablet owners use those devices for shopping purposes.

On the other hand, that same research indicated that only 13 percent of smartphone users have every purchased anything using that mobile device. This indicates that device users favor tablet commerce due to the larger screen size and the features that those machines are able to offer. The bigger screen plays a very important role in the shopping experience because it provides better overall navigation and control, and simply makes pictures and other content easier to see.

The Forrester Research report also predicted the sales in mobile and tablet commerce for this year right through until 2016. According to its forecasts, while smartphones remain in the lead now, tablet commerce will be much more important by the time that the end of its current predictions is reached and $27 billion in sales is achieved overall.

Tablet commerce is expected to have a massive contribution to that total sales figure in the future. Forrester believes that by 2016, 45 percent of mobile shoppers will own these devices.