"The Monitor - a poll of 8,200 consumers tracking consumer confidence and spending intentions on a daily basis - fell 2 points in June to 88.4. Overall, 28 percent believe economic conditions are improving, a 3-point decline from last month and a drop of 6 points over the last two months."For more Discover U.S. Spending Monitor survey data, charts and information, please visit http://www.discoverfinancial.com/surveys/spending.shtml.
This Mobile Retail Initiative has produced a Mobile Blueprint to guide retailers in planning and implementing initial mobile applications, including customer marketing, payments and internal operations.The NRF claims that by 2015, shoppers around the world are expected to use their mobile phones to purchase goods and services worth close to $120 billion.
"Sales increase when small businesses accept payment cards," said Michael Antieri, president, advanced enterprise mobility solutions, AT&T Business Solutions. "And given that an overwhelming majority of small businesses use smartphones, offering a mobile application that ties together payment cards and smartphones makes perfect sense."
”We’re making it easier for people to share a Cold Stone moment, even if time or distance prevents them from being together. Now you don’t have to wait for special occasions to share ice cream; you can send Cold Stone gifts instantly, any day, just because,” said Daniel Beem, president of Cold Stone Creamery. “We’re delighted to know that we’ll be part of more of life’s little moments, from ‘get well soon’ notes and rewards for a job well done to ‘I miss you’ wall posts.”Inside Facebook has estimated that consumers spent $10 million on virtual goods through applications on the Facebook platform in 2009. The eGift Social solution takes this trend to the next level by moving purchased virtual gifts into the physical world.
The sale of physical merchandise via mobile phones hit $1.2 billion in 2009, according to ABI Research Inc., and is projected to reach $2.2 billion in 2010. With MasterCard MarketPlace Overwhelming Offers™ iPhone app, merchants will be able to improve their relationships with shoppers by offering special deals to those seeking to make purchases from them through their mobile devices while also capturing the additional mobile commerce revenue opportunity.
More generally, Distimo revealed that more than 50% of applications are priced below or equal to $2.00 in all of the electronic app stores, with the exception of BlackBerry App World and Windows Marketplace for Mobile.Google's Android Market stands out from the other marketplaces in that more than 50% of all apps are free.
The EPC White Paper on Mobile Payments offers an informative read to any party interested in mobile payments, and aims to foster a common understanding between payment service providers and bank customers by using non-technical language. The document predominantly focuses on mobile contactless card payments, where the mobile device needs to be in close proximity to a point-of-sale terminal, while also addressing some aspects of mobile remote payments, where two parties are able to send and receive funds irrespective of where they are located.
The white paper is available for download from here.
Clearly, we’re on the cusp of a serious migration to mobile boarding passes in the US. Travelers will soon be very comfortable displaying their boarding pass to a scanner at the gate – and avoiding the hassles of printing and carrying paper. When will this new way of communicating data simply from the mobile handset jump the rails into new verticals? Are you betting, along with Starbucks and mFoundry – and others, that it’s coming? Seems that the airlines have placed they’re bets!