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First Annapolis recently estimated current in-app mobile payments volume at €60 billion and €125 billion in Europe and North America respectively. US consumers clearly set the trend for mobile usage, spending half their total time on digital media in mobile apps as of July 2016, according to comScore. European markets trail on the adoption curve [...]

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Mastercard says it has reached agreements with Microsoft, Google and Samsung to bring online payments capabilities to US-based users of their digital wallets via Masterpass. Starting early next year, Mastercard cardholders that use Microsoft Wallet, Android Pay or Samsung Pay will be able to shop online at all the merchants worldwide where Masterpass is accepted. [...]

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Mobile e-commerce, through both apps and browsers, is surging to new heights, having grown 60 percent in 2015 to reach $120 billion, says Javelin Strategy & Research. Despite the opportunity that this growth presents, too many merchants still offer experiences that are optimised  for larger screens and that fail to meet consumers’ expectations for speedy [...]

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New findings claim that merchant integration of technologies such as AI bots and natural language interfaces will lead to remote goods purchases by mobile totalling $2.1 trillion by 2021. This represents a 100 percent increase from this year’s projection for spend on physical and digital goods. The research found that rising smartphone use in digital [...]

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According to Visa’s 2016 Digital Payments Study, the number of consumers regularly using a mobile device – smartphone, tablet or wearable – to make mobile payments has tripled in the past year. Currently, 54 percent of consumers surveyed regularly use a mobile device to make payments for a range of  activities, compared to just 18 [...]

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