Tag: mobile technology

Executives envision a promising future for mobile commerce

The future of mobile commerce is beginning to become a prominent subject around the world. People everywhere are beginning to rely more heavily on mobile technology in the daily lives, which is leading to a growing demand for comprehensive mobile commerce services. Executives from some of the leading companies in the mobile commerce sector have begun offering some insight into what the future may hold for the mobile space and for commerce in general.

Retailers are beginning to develop their own technology

Richard H Harris, CEO of payment technology pioneer Ensygnia, claims that retailers and vendors will play a major role in determining how individuals interact with the world around them. Retailers have begun to take matters into their own hands by developing their own technology and software as a way to engage consumers that are becoming increasingly mobile. Much of this technology is taking the form of mobile commerce platforms, which allow consumers to pay for products with their mobile devices. These platforms are also being equipped with social networking tools as well in an attempt to increase dynamic interact between consumers and businesses.

Mobile commerce could change the way consumers interact with businesses

Sam Shrauger, head of digital for developed markets at Visa, claims that mobile commerce and technology will become a more integrated part of daily life. Shrauger envisions a not-too-distant future wherein consumers can walk into a restaurant and their meal is waiting for them at their table, having ordered the meal from their mobile device in advance. Similar occurrences may be seen in the retail sector as companies work more closely together to take advantage of mobile commerce.

Technology is becoming more mobile-centric

Carey Kolaja, vice president of global solutions management with PayPal, notes that loyalty programs and point-of-sale systems targeting mobile technology have advanced more in the past year than they have in the past decade. The momentum growing behind the mobile space is likely to propel mobile commerce to new heights, especially as more consumers gain access to smartphones and tablets and wearable technology moves from science fiction to reality.

These new handsets are slated to be launched in November, in time for the holiday shopping season.

LG Electronics Inc. has announced that it is now beginning to mass produce gadgets that have curved displays, such as in the case of the smartphones that are set to launch next month.

The goal is to carve out a larger portion of the market that is currently held by its larger rival, Samsung.

Last month, Samsung announced that it would begin releasing curved display gadgets as of October. These smartphones were to become available at some point this month from the leading smartphone manufacturer in the world. It made this announcement in order to help to keep ahead of the slowing high-end smartphone market growth.

Curved displays are still in the beginning states of gadget development but could be important to wearables.

This new type of display can make it possible to have bendable and foldable designs that could make it possible for wearable gadgets and other mobiles such as smartphones and tablets to be able to take on new designs that could dramatically change the look and design of the high end smartphone market.

In the case of LG Display Co. Ltd., they have announced that the gadgets that will use this technology, so far, will include a six inch display smartphone that is curved from top to bottom. This LG device is expected to be launched in November. At the same time, the Samsung handset will be curved from side to side, instead of the top to bottom shape from LG Electronics.

As of January, Samsung had become the global smartphone gadgets leader, after having taken the position from Apple Inc. In that month, it revealed a line of prototype products that were based on a flexible screen as well as a display extending from the side of the device.

According to tech experts, the technology has yet to be manufactured in a way that can be mass produced cheaply, and there is still a need to come up with display panels that are resistant to heat and that are thin at the same time. Curved displays are already available in larger gadgets such as big screen televisions. Both LG and Samsung have been selling these TVs this year.