Tag: mobile transactions

Mobile payments lag in Ireland

| August 29, 2013

Ireland is lukewarm when it comes to mobile payments

Accenture, a market research firm, has released a new report concerning Internet services and mobile payments in Ireland. The report shows that Ireland is considered one of the leading countries when it comes to calls made through the Internet through services like Skype. Ireland is, however, lagging behind in terms of mobile payments. Mobile commerce has seen sluggish adoption throughout Ireland despite the interest that consumers have in online shopping and using their mobile devices in daily life.

Internet calls are popular among consumers

According to the report, approximately 74% of Irish consumers currently own smartphones, with one-third of consumers owning tablets. This is somewhat higher than the global average; 67% and 24% respectively. Approximately 34% of Irish consumers use their mobile devices to conduct Internet calls, higher than the global average of 28%. Many consumers favor Internet calls due to quality services and the convenience such communication services offer.

Mobile Payments IrelandMobile payments have yet to win favor

Mobile payments have not received the same favor from Irish consumers as Internet calls have, however. The report shows that only 12% of consumers currently participate in mobile commerce. One-third of consumers claim they plan to make mobile payments within the next 12 months. While many consumers are not participating in mobile commerce, 48% of these consumers claim that they would be willing to switch providers if they are offered better mobile payments services.

Mobile commerce may play a major role in the future

In Ireland, mobile payments are primarily made for tickets for events and transportation. Some consumers prefer mobile payments for online shopping, but the majority of Irish consumers have yet to warm to the concept of mobile commerce. As mobile technology begins to play a bigger role in the lives of consumers, however, mobile commerce is expected to gain traction. Eventually, Ireland may see a significant spike in mobile payments, driven by the introduction of comprehensive and efficient services that meet the needs of consumers.

Lotaris teams with PayPal to boost mobile payments

| August 21, 2013

Mobile payments could expand due to new partnership

Lotaris, a leading licensing firm catering to mobile application developers, has partnered with PayPal to make mobile payments somewhat easier in terms of software. Together, the two companies will work to expand the reach of mobile commerce into new markets. Lotaris will expand the mobile commerce services it offers through its in-appCommerce platform to more than 80 countries. Currently, the platform is only available for Windows Phone users, but Lotaris plans to support Android and HTML5 platforms in the near future.

Lotaris platform expands into new markets

Mobile payments are beginning to attract a great deal of attention around the world. As such, the demand for comprehensive mobile commerce services is on the rise. Companies like Lotaris are beginning to feel the pressure to adapt to the changing interests of consumers and have begun offering application developers more support in this sector. PayPal already has a strong presence in the mobile commerce field and is expected to provide a significant level of support to Lotaris in its efforts to engage developers and consumers alike.

Mobile Payments PartnershipDevelopers could find success through Lotaris platform

Using the in-appCommerce platform, developers are able to monetize their products through multiple channels using a single code base. The platform is designed to be as convenient for developers as possible. Through the platform, developers are able to find exposure for their mobile commerce applications. Thanks to the new partnership between Lotaris and PayPal, this exposure may increase exponentially in the near future.

Security concerns keep consumers leery of mobile payments

While mobile payments are gaining popularity, there are still many people that are wary of the concept of making payments from their mobile devices. This is due to the fact that financial information is very attractive to hackers. Mobile commerce has become one of the most lucrative fields for malicious parties looking to exploit this information and this has discouraged many people from participating in mobile payments.