Global m-wallet market to value USD 1.6 trillion in 2018 - report

Monday, 22nd September 2014

The global mobile wallet market is expected to reach USD 1.6 trillion by 2018, growing at a CAGR of 30.7% from 2012 to 2018.

"Mobile commerce is anticipated to be the leading segment until 2020, which will be then followed by mobile money transfer and mobile ticketing."

"EMEA (Europe, the Middle East and Africa) is expected to be the largest market for the mobile wallet industry in 2018. The EMEA region in 2011 accounted for over 40% of the global revenue share. The Asia-Pacific region is expected to witness the fastest growth in terms of revenue over the forecast period, and is expected to grow at a CAGR of 31.0% from 2012 to 2018 in this geography. The reason behind the rapid growth in these regions was the rising public acceptance of mobile wallets in Europe, as well as the overall dense population in Africa. The European market for mobile wallet services is developing rapidly, with substantial momentum in NFC wallet services and miscellaneous launches of non-NFC wallet services pertaining to mobile-wallet, the study shows."

More info here.

Amazon Vs. Alibaba: The Showdown – Infographic

Saturday, 20th September 2014

Source SmartIntern

Infographie : l'expérience client dans le secteur du e-commerce

Friday, 19th September 2014

Source Journaldunet.com

How People Buy: The Evolution of Consumer Purchasing - Infographic

Friday, 19th September 2014

Source Getelastic.com

EU: MasterCard loses cross-border fees court battle

Friday, 19th September 2014

MasterCard has lost its decade-long battle against an EU ban on cross-border card fees as Europe’s highest court supported a broader regulatory drive.

"While the court’s decision applies only to MasterCard and the cross-border interchange fees retailers must pay when they accept credit and debit card transactions in Europe, it could encourage other regulators to take action and cap fees generally."

"The ruling should spur European lawmakers and governments to agree to a commission-proposed cap on credit and debit fees throughout the EU. The court verdict could also prompt Britain’s Competition and Markets Authority to revive its examination of fees charged by MasterCard and Visa Europe for domestic card payments."

More info here.

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