Mobile payments, especially of the "remote payment" variety, have more than doubled over the last year, and are used by 33 percent of consumers surveyed by IDC Financial Insights. Of those consumers that had made a mobile payment, more than half used PayPal Mobile (56 percent), with Amazon Payments and Apple's iTunes service statistically tied at about 40 percent.
For the most part, that activity was centered around purchases of virtual goods on a remote basis, especially digital downloads of apps and music. Still, IDC notes, more respondents reported buying physical goods with their phones than online services, digital goods, or virtual currency, IDC reports.
Wednesday, July 11, 2012
Mobile Remote Payments Activity Doubles
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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