Tag: paypal

Mobile commerce is gaining momentum in Russia

| February 24, 2015

Russia is becoming a major mobile commerce market

Russia may be emerging as a prominent mobile commerce market. According to PayPal, mobile shopping has become more popular in Russia, rivaling the popularity of mobile payments in many parts of Europe. PayPal Russia notes that consumers in the country are quite different than those in Europe as they are showing significantly more favor for mobile commerce. Convenience has something to do with this, as the company notes that many Internet users are shopping online because it is simply easier.

Russia may soon catch up with  Europe in terms of mobile commerce transactions and online shopping

According to PayPal Russia, consumers are using their smartphones and tablets to place an average of 2.6 online orders every month. The average number of orders placed in Europe every month is 3. Mobile payments volume in Russia is only slightly lower than that found in Europe. Notably, Russian consumers are somewhat more cavalier when it comes to mobile commerce. PayPal notes that Russian consumers are more willing to push the boundaries of what they can purchase with their smartphones and tablets.

More consumers want to be able to make mobile payments in physical stores

Mobile Commerce and RussiaApproximately 25% of Russian consumers have reported that they would like to be able to purchase products in physical stores using only their mobile devices. Another 22% said that they would like to be able to order food at restaurants before arriving and dining. This would cut down on the site people would have to wait at a restaurant before they were served their food. Placing a reservation through a mobile device would also cut down on wait times outside of restaurants.

Russia’s mobile sector is growing quickly

Russia is quickly emerging as a prominent mobile commerce market. Though the country is lagging behind others in terms of mobile payments volume and sales, more people are beginning to use mobile devices in their daily lives. The country’s e-commerce market reached $17 billion in 2013, and more consumers are demanding services that cater specifically to their mobile devices.

PayPal and Shell bring new mobile payments service to the UK

| February 16, 2015

Mobile transactions will be supported by 1,000 Shell station in the United Kingdom

PayPal has teamed with Shell in the United Kingdom in order to facilitate mobile payments at gas stations. Drivers will be able to use the Shell Motorist App or the PayPal App in order to pay for their gas. Some 1,000 Shell stations will accept these mobile payments, which can be made by scanning a QR code. The new mobile payments service will be made available in April of this year.

Mobile commerce continues to gain momentum

Mobile commerce is becoming a powerful force in the United Kingdom, where a growing number of consumers are using their mobile devices to shop online and pay for products in physical stores. PayPal has established a strong foothold in the mobile payments space by offering services that help make mobile commerce more convenient. Convenience is one of the major attractions of mobile payments. In retail, consumers can skip long lines and checkout processes by using their mobile devices. Now, this convenience is coming to gas stations in the UK.

New service could make gas stations more convenient for consumers

Mobile Payments - Shell Gas StationPayPal believes that consumers will participate more in mobile commerce if there is a clear benefit in doing so. The new service being launched with Shell may bring more convenience and speed to those that are fueling their vehicles. The partnership between the two companies may also accelerate the acceptance of mobile payments among consumers, offering an example of how mobile commerce can be incorporated into various service sectors.

Partnerships may help mobile commerce overcome its main challenges

Mobile commerce is expected to continue gaining momentum in the United Kingdom. In the coming years, consumers may opt to use their mobile devices to pay for products and services more than they use their credit and debit cards. Cash may also fall by the wayside in the near future, as mobile devices represent an easier way to pay. There are still challenges that face the mobile commerce space, of course, but partnerships between large companies could help the sector overcome these challenges.