Tag: mobile commerce news

Monetise works to expand mobile commerce division

| December 8, 2012

 

mobile commerce Monetise ExpansionInvestments and acquisitions power Monetise mobile commerce push

United Kingdom-based mobile commerce firm Monetise has announced that it has raised more than $130 million in investments by offering more than 333 million ordinary shares to institutional investors. The firm has plans to use the funding it has raised to strengthen its mobile commerce business. Monetise has also announced that it will be taking over operation of Mobile Money Network, a mobile e-commerce service in the UK which was acquired for some $20 million.

Firm aims to take advantage of growth in mobile commerce and banking

Monetise is working to position itself to take advantage of the growing popularity of mobile commerce and banking. The global banking industry has been showing a great deal of interest in mobile commerce recently and has been investing heavily in the development of new platforms and applications that will address the needs of mobile consumers. Monetise believes that are many promising opportunities to expand its mobile commerce arm as interest from banks and other financial groups grows.

Funds to boost company’s mobile commerce business

Monetise plans to rapidly scale up its businesses in order to bolster its mobile commerce capabilities. The company will be relying heavily on the Mobile Money Network in order to reach out to businesses and consumers throughout the United Kingdom. The company has already established itself as a leader in mobile commerce in the UK market and Monetise is eager to further solidify its position as such in the coming years. The funds garnered through investments will help with this endeavor by enabling the company to develop new services and improve those that already exist.

Strong competition may be faced in the future

Mobile commerce is quickly becoming one of the most prominent industries in the world. More consumers are getting their hands on mobile devices, thus the demand for mobile commerce services is on the rise. Monetise, and companies like it, is working to address this demand and expects to see major gains in doing so. Though Monetise has established a strong position in the UK market, the company will face strong competition from larger companies if it decides to take on a more global position.

Spindle teams with Integrated Payments for POS mobile commerce systems

| December 7, 2012

 

Spindle announces partnership with Integrated Payments

Spindle, a leading provider of mobile mobile commerce Spindle partnership with POS payment services, has announced that it has teamed with Integrated Payments, a company that specializes in point of sale and mobile commerce technologies for merchants. The two companies have signed an agreement that will combine Spindle’s mobile commerce platform with the technology developed by Integrated Payments. The two companies hope that the new venture will provide merchants throughout the U.S. with a more efficient way to accept mobile payments from consumers.

POS solutions growing in demand among merchants

Becoming more accommodating to mobile payments is quickly becoming a serious issue for the retail industry, as well as other businesses. More consumers are taking to their mobile devices to make payments for goods and services. Reaching out to these consumers through e-commerce gateways and mobile websites has, thus far, been an effective means to offer service and procure business. The demand for being able to make mobile payments at actual stores is growing, however, and merchants are facing a rising need to address this demand with point of sale systems.

Spindle and Integrated Payments to leverage strengths of each other to reach markets

Through this new partnership, Spindle will be able to take advantage of the powerful relationships Integrated Payments has formed with merchants and vendors throughout the U.S. Integrated Payments will also benefit from the partnership as it will be able to expand its mobile commerce portfolio by offering merchants new services that are focused on mobile commerce. Together, the two companies may be able to establish a foothold with merchants in the U.S. and compete with larger companies, like Google, that have been investing heavily in mobile commerce.

Mobile commerce gaining serious attention

Mobile commerce is moving beyond the fringes of the retail industry. More companies are seeing the potential benefits of becoming more accommodating to mobile consumers and have begun taking mobile commerce more seriously. Spindle and Integrated Payments are keen to position themselves to be ready to serve a wider range of merchants when more businesses choose to adopt mobile commerce systems as a way to meet the needs of consumers.