by Ty Hardison

Mobile commerce impact more than how consumers pay

More consumers are using mobile devices to make smart purchases. If you were sitting at home and needed to buy something, what would you be more likely to do: go to the store, make a phone call, get your computer or grab your mobile device? For many of us, the first stop is to pick up the smartphone or tablet and use any number of apps to start price checking and find the best deal.According to a recent comScore "State of the Retail Economy" report for the first quarter of 2013, the total amount of U.S. retailing spending growth through mobile devices grew nearly three times faster than retail eCommerce (31 percent versus 13 percent respectively). The overall retail industry only grew by 1 percent. For mobile commerce, it is a growth of $5.9 billion.Mobile devices have more of an effect on retail than just giving customers a new way to … more

Small businesses embracing tablet POS as critical tool

When it comes to the use of tablet point of sale solutions, many people think the benefit is nothing more than the ability to process transactions from anywhere in the store. While that is one of the major drawing points of the solution, there are a number of additional features that are making mobile POS terminals the next step in retail.A recent article from Technology Guide covers the ways that businesses are taking advantage of the latest innovation to the POS terminal."The adoption of tablets by small-business merchants has grown dramatically in recent years, especially as the software surrounding organizations moves to a mobile environment," the article reads. "From food trucks to restaurants and coffee shops to craft stores, tablets are becoming one-stop … more

Study: mobile POS market to surpass $2 billion in 2013

Every few weeks, it seems there is a new mobile commerce peripheral gaining headlines. Recently it has been announcements by Square and Groupon of tablet POS solutions coming to the market. There are also the persistent rumors of EMV technology being a part of the latest iPhone or iPad which would change the way the mobile commerce landscape.A recent study from research firm IHL Group found that many businesses are embracing mobile commerce. According to the "Mobile POS: Hype to Reality" report, the shipments of tablets for POS use increased 38 percent in 2013 so far. On top of that, the mobile POS market will surpass $2 billion in hardware and software sales in 2013 as 28 percent of North American retailers plan to adopt a mobile solution by the end of the year.With … more

Study: 18 percent of merchants moving toward tablet POS systems

If you have walked into one of several retailers around the country, there is a good chance that you have been met with a sales associate with a mobile cash register. A smartphone or tablet with a credit card reader attached is all that is needed to turn the popular mobile devices into a portable POS system. These have been seen in retailers like Apple and Nordstrom. According to the latest numbers, more businesses are going to be getting on the bandwagon.Constant Contact recently released the results of a new survey of 1,305 small business owners. According to respondents, 18 percent of the merchants said they are running a mobile tablet-based point-of-sale solution for transactions."It's encouraging that a majority of small businesses recognize that their … more

Tablet POS hardware gets more competition

Tablets as a company's cash register are becoming more popular. The use of tablets as a cash register is no longer just a novelty for consumers. It is starting to become a regular occurrence that can be seen in a number of different industries. Adoption rates could increase, as new hardware starts to hit the market.Square, one of the leading providers of third-party peripherals that turn smartphones and tablets into mobile cash registers, has unveiled a new product: the Square Stand. It is a holder for an iPad that doubles as a credit card reader. The tablet can rotate toward customers allowing them to sign receipts.The stand can also connect wirelessly to other devices like receipt printers, barcode scanners and cash drawers. The 9-inch, 5-pound Stand will be available in July. Twitter inventor and Square CEO Jack Dorsey made the … more

Mobile commerce increased 71 percent year-over-year

As mobile devices become a larger part of our everyday lives, smartphones and tablets tend to be the go-to gadget for many common tasks. In no place is their more apparent than in the commerce sector. Walk into any retail establishment and there is a good chance that more than one customer will be using their mobile device to check prices, find deals and even make payments.According to the broad index of 200 retailers by Unbound Commerce, mobile commerce increased 71 percent in March and April versus the same time period in 2012. The company cites growing consumer confidence in the platform as one of the key factors behind the the increased adoption."Mobile commerce is expanding very fast, as consumers grow increasingly comfortable shopping on their smartphones", said … more

Untraditional small businesses turning toward mobile payments

More small businesses are starting to use mobile commerce strategies. This blog has covered the use of mobile devices as a way to accept customer payments before, but it normally revolves around the retail sector. However, the increasing functionality of smartphones and tablets is making mobile a more attractive solution for a wide array of companies.A recent article in USA Today examined how small businesses of all types are looking into these systems. The piece features an interview with Trippe Fried, an attorney in New York who answered the challenge of cash flow with mobile payment processing."I don't meet people in my office," Fried told the news source. "I'm in their office, meeting with their people. If it's time to pay a bill, I reach into my briefcase, pull out my iPhone and clients give me a credit … more

Study: the use of tablet POS terminals on the rise

The use of tablets as a POS terminal is a growing trend in the retail sector. A study from U.K. research firm Timetric found that between 2011 and 2012, the number of "mobile point-of-sale" terminals registered by businesses worldwide more than doubled. While researchers do not see that level of adoption to continue year-over-year, they do project that the percentage of systems like Square, Intuit, PayPal and others, will jump from fewer than one-fifth last year to nearly half by 2017.According to a recent Wired article, using an iPad as the company cash register is about to move from a novelty to the norm. Marcus Wohlsen, the author of the piece, framed the article around a trip to a local coffee house where he he paid, tipped and declined a receipt when the employee … more

A snapshot of mobile POS systems in retail

Doing a Google search for mobile commerce will provide more options than most people know what to do with. As more payment experts have touted the solution as the future of retail, it is easy to understand why this might be the case, but what impact are these systems actually having in the system and what does the future look like? Thankfully a new report is answering these questions.Released by and ROAM, the study revealed several interesting trends in the mobile point of sale ecosystem. The biggest takeaway suggests that mPOS solutions drive less than one-tenth of one percent of overall retail sales since many early adopters of mPOS solutions are the small non-card accepting merchants in sectors that account for minimal overall retail sales volume.There is no reason to fret … more

Mobile commerce opens up improved marketing possibilities

The phrase "retail therapy" is well known among shopaholics. It is a way to make yourself happier by shopping and many people swear by it. In fact, according to reports by Ebates, more than 51 percent of Americans surveyed engage in some form of retail therapy and being able to get a deal ups the feeling to just under 81 percent.According to another study by Swirl, mobile commerce is starting to become a "therapeutic" tool for those that are using retail to feel better. The report found that 53 percent of the 1,000 women surveyed have between one and five shopping apps on their smartphones. However, 76 percent said they prefer to shop in brick-and-mortar locations with their smartphones tucked away.What this shows is that the mobile commerce sector still has a ways to … more