Think you know your mobile commerce stuff? Well then, without consulting Professor Google, do you know the answers to the following questions about what’s going on in mobile commerce right now? Q#1: What percentage of U.S. retail sales do MCX merchants command? A#1: According to...
There are plenty of ways merchants can justify taking a wait-and-see omnicommerce strategy. They can cite the high cost of investment, the lack of demand from customers or concerns consumers have expressed regarding mobile payments. But, merchants who ignore mobile are neglecting something more important:...
Welcome to our PYMNTS Summer School 2013 Recaps – a series designed to bring our readers everything they need to know from the faculty, fellows and forward-thinking innovators we’ve assembled at PYMNTS Summer School. Each day, a different PYMNTS.com editor will give you a rundown...
What can mobile devices do to improve the top line at QSRs? Plenty. From shortening wait times to powering new lines of business to serving as back up technology, mobile devices – and the enabling platforms that power them – are opening a new world of options...
The number of mobile point of sale terminals worldwide jumped from 4.5 million to 9.5 million between 2011 and 2012. Analysts predict that over the next five years, mPOS terminals will continue to proliferate, reaching 38 million by 2017. Those findings come from PYMNTS’ June...
Like a manned Mars mission, it’s easy to believe total consumer mobile wallet adoption is an inevitable, if predictable, conclusion to current trends. But, despite how captivating both ideas can be, it seems increasingly unlikely that we’ll see the fruition of either in our lifetimes....
Discover Financial Services released its second-quarter earnings report on July 23, announcing a 15 percent rise in quarterly profit, according to an SEC filing. The company earned $602 million over the three-month period, or $1.20 per share. These figures were up from the $525 million...
eBay has acquired the platform and personnel from the Gifts Project, an Israeli social commerce venture that lets groups of friends come together to purchase a particular present. “The Gifts Project has been powering eBay’s version of the concept called Group Gifts for almost a...
Sometimes it helps to be reminded of the stunningly obvious. You know, like if you want to lose weight, why not just eat less and exercise more? My favorite business example is don’t compete where there’s lots of competition. Blue Ocean Strategy became an enormous...
