Some interesting stats and trend-lines are emerging from a recently discussed Forrester Research study on Smartphone-based sales in the coming years. The data notes that Smartphone-based retail numbers will hit $12 billion in 2013, all the way up to $31 billion in 2017. Those are exciting numbers, but it’s worth noting that the 2013 figure actually represents just 5% of current e-commerce sales, and the 2017 number clocks in at 9%.
Tag: mobile card processing
Card Use Slows in Summer, Yet New Ways to Spend on Horizon
We always like when two seemingly unrelated bits of news emerge to make a pattern, or perhaps two points on a related map. On the one hand, we have another report from the Fed that, as Reuters puts it, “growth in U.S. consumer credit slowed for the second straight month in July, held back by a decline in a measure of credit card usage that hinted at a mood of caution among consumers.”
Online, or In-Store, Your Customers Shop With Devices In Hand
Online, or In-Store, Your Customers Shop With Devices In Hand The Blurring Lines Between Online and Offline Shopping Online marketing…
Card Companies Show Profits, as Credit Use Climbs
There are tea leaves in nearly every flavor, for someone attempting to read what direction the economy’s headed in. But for at least two of the biggest credit card companies, the news seems to be that things are picking up, or at least their customers — the ones using credit cards — are convinced it’s okay to start saying “Charge it,” again.
Are Small Businesses Evolving Fast Enough for Customers’ Mobile Needs?
In the same week where the smallness and flexibility of small businesses is being touted in an article explaining how small specialized bookstores may outlast the giant Barnes & Noble chain, comes a report from payments firm ControlScan and TransFirst, suggesting that small businesses (those processing fewer than 20,000 e-commerce or 1 million physical card transactions annually), may be missing the boat in responding to one growing critical need: the ability to respond to a customer base increasingly seeking both information, and payment options, on mobile platforms.
Of Security and Summer Destinations
Of Security and Summer Destinations Credit Card News Synopsis We watch the credit card news so you don’t have to.…
Credit Card Trends Point to More Mobility
Aside from the all the big election news this week, a couple of smaller items popping up in the newsfeeds on the credit card front point toward a rapidly changing landscape there too, one where mobile payments are even more common.
On-the-Spot Processing Takes Your Business “Into the Field!”
On-the-Spot Processing Takes Your Business “Into the Field!” A New Landscape for Transactions Ben Woolsey, CreditCards.com’s Director of Marketing and…
Mobile Card Processing: Who Uses It?
Mobile Card Processing: Who Uses It? The ability to use mobile card processing is a need that different merchants experience…
