MCommerce Digest –Feb 6-12,2012

Index

• Latest news in Mcommerce Feb 6-12, 2012

Obopay Confidential 2

An insightful read on how mobile banking continues to dominate banks' application development initiatives. http://bit.ly/xQ7Szg

63% surge in Smartphone sales over 2011, paves way for Smartphones to dominate the consumer computing sector.http://bit.ly/zzt60t

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Over half of mobile owners will use mobile banking within next 5 years, according to Javelin Strategy & Research.http://zd.net/Acif9g

Latest news in Mcommerce Feb 6-12, 2012

Boost in Mobile banking as consumer preferences & confidence on the usage of mobile financial transactions increases.http://bit.ly/A4FUMg

Businessmen opt for mcommerce platforms to provide services to their customers through cell phone networks. http://bit.ly/yJTVkO

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The Indian handset market witnessed a 14% growth in 2011 with smartphones expected to drive sales going ahead. http://bit.ly/w7tAL8

Consumers in Germany are increasingly using wireless devices to research & buy goods and services. Mobile commerce boosts: http://bit.ly/zOm5wS

Latest news in Mcommerce Feb 6-12, 2012

Retailers are under increasing pressure to ensure their webstores work properly on mobile devices. http://bit.ly/wgP6Mc

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Highlights: Feb 6-12, 2012

92% of the largest 25 banks in the U.S. (by deposit size) offer mobile banking, institutions that lack mobile banking risk losing valuable customers to those that offer it. Over twice as many consumers at the largest banks (over $750 billion in deposits) are using mobile banking than are those at credit unions. Phenomenal growth was observed in the mobile and internet banking which was due to the higher consumer preferences and confidence on the usage of these systems for their financial transactions.

With the rise of mcommerce industry, there are a number of businessmen who opt for mobile ecommerce platforms to provide a number of services to their customers through cell phone networks. As consumers continue to drive mobile forward as a critical sales channel, retailers are under increasing pressure to keep up market share by ensuring their webstores are configured to work properly on mobile devices.

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