An Interest In:
Web News this Week
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
- April 13, 2024
- April 12, 2024
- April 11, 2024
Some of Our Sources
- Techcrunch
- Simplebits
- Team Treehouse
- Smashing Magazine
- You The Designer
- Naldz Graphics
- Crazy Leaf Design
- 24 Ways
- Spyre Studios
- Codrops
Help Webnuz
Referal links:
September 18, 2012 03:04 pm GMT
Square's $200 million Series D and $3.25 billion valuation yesterday may have risen expectations massively for where mobile payments will ultimately go, but for now the vast majority of us are still pulling out our cash, cards and checks to buy things. A study from Deloitte, notes that today in the UK only 1% of mobile consumers have ever used a handset to pay for something in a retail location. However, it also provides some convincing evidence that we are at least well on our way to linking mobiles -- specifically smartphones -- to retail purchases anyway.In the U.S. Deloitte says that using apps and mobile web sites while shopping accounted for a 5% bump in retail sales, equating to $159 billion in in-store sales. In the UK the proportion was slightly higher, but that the actual value was lower: mobile usage gave a 6% bump, or15.2 billion ($24.7 billion) in sales. Deloitte notes that this puts the value of mobile influence at twice that of how much money is being processed through mobile payments at the moment in the UK.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3rnR085vZUE/
For Retailers, Smartphones May Not Yet Mean Payments, But They Do Mean Purchases: Study
Square's $200 million Series D and $3.25 billion valuation yesterday may have risen expectations massively for where mobile payments will ultimately go, but for now the vast majority of us are still pulling out our cash, cards and checks to buy things. A study from Deloitte, notes that today in the UK only 1% of mobile consumers have ever used a handset to pay for something in a retail location. However, it also provides some convincing evidence that we are at least well on our way to linking mobiles -- specifically smartphones -- to retail purchases anyway.In the U.S. Deloitte says that using apps and mobile web sites while shopping accounted for a 5% bump in retail sales, equating to $159 billion in in-store sales. In the UK the proportion was slightly higher, but that the actual value was lower: mobile usage gave a 6% bump, or15.2 billion ($24.7 billion) in sales. Deloitte notes that this puts the value of mobile influence at twice that of how much money is being processed through mobile payments at the moment in the UK. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3rnR085vZUE/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch