Mobile commerce

Etsy: 1 in 5 visits is from mobile device

Six months after launching its iPhone app, Etsy says that nearly one in five visits to its site comes from a mobile device. The company said that it has surpassed 1.5 million downloads of the app after reaching the million download mark two months ago.

How smartphones and tablets are fueling commerce

Smartphones and tablets are driving both in-store and online commerce, but their roles are distinct in many ways. Nielsen shed some light on how consumers are using both devices to aid their shopping. Overall, 79 percent of respondents have shopped using their smartphone or tablet.

Meet Clover, possible savior of lost mobile transactions

Payment start-up Clover is trying to radically cut down the time and steps it takes to check-out at retail sites from mobile devices, making it about as simple as an iTunes transaction. Clover today is releasing SDKs for native iOS and Android apps and mobile websites.

Mobile payment venture Isis announces first banking partners

Mobile payment joint venture Isis — the product of Verizon, AT&T and T-Mobile — announced that Chase, CapitalOne and BarclayCard will place their credit, debit and pre-paid cards on the Isis wallet when it launches this summer. The card issuers cover 100 million card holders in the U.S.

4 payment industry predictions for 2012

It’s often difficult to separate what will shape the future of payments from what is just hype. PayPal’s Scott Dunlap focuses on the “innovation clusters” to get past the hype and see where mobile payment technology will be taking us in the near future.

Apple had a really good Christmas

The numbers are starting to roll in, and it seems Apple had a very good holiday weekend. Waiting under the Christmas tree on Sunday was a gigantic pile of of new Apple customers, who promptly starting buying apps, playing games and shopping, according to new stats.

Cyber Monday on track for record growth

It’s Cyber Monday and servers are humming as shoppers head to their PCs, tablets and smartphones to find the best deals available. Scot Wingo from ChannelAdvisor discusses the e-commerce trends that have emerged over the last five days, known as the “Cyber Five.”

This holiday season shopping has gone mobile in a big way

The 2011 holiday season that was kicked off earlier today (Black Friday) is proving to be a big boost for m-commerce as shoppers are using their smartphones, mobile apps and other devices to go bargain hunting according to various sources. Its the season of couch commerce.

Mobile shoppers getting comfortable with bigger purchases

Mobile users are increasingly getting used to buying products with their smartphones and tablets. But it’s not just smaller transactions. New studies show that users are getting comfortable with bigger purchases. The most expensive thing that respondents said they paid for on average cost $274.

Facebook co-founder Saverin leads ShopSavvy’s $7M round

After turning down an acquisition offer, shopping assistant start-up ShopSavvy is moving ahead with plans to go it alone. It raised $7 million in a Series A round led by Facebook co-founder Eduardo Saverin. ShopSavvy is looking to ride the exploding mobile commerce market.

Couch commerce kicks off on Thanksgiving Night

PayPal said consumers aren’t going to wait until Black Friday to get their shopping started. They’ll begin their gift hunting the day before on Thanksgiving using a mobile device. PayPal said this couch commerce will be the first holiday shopping spike this year.

Card.io brings credit card visual swipe to mobile devs

Card.io is announcing the launch of a private beta program for mobile developers who want to integrate its visual swipe technology into their apps, allowing people to enter in their credit card information by just taking a picture of their card.

Shopkick sets its sights on local merchants with free offer

Shopkick, a location-based deals and reward shopping app, is going local, offering merchants free hardware that integrates with its loyalty service. In a deal with Shopkick investor Citi, the company is offering free installation of Shopkick signal boxes at 1,000 stores owned by local merchants.

EBay acquires Magento, builds a commerce OS

EBay said it’s buying up the rest of e-commerce platform Magento in a bid to build a broader commerce operating system that spans online, mobile, social and local. EBay is looking to be the go-to resource for online and offline retailers, helping connect them to consumers.

We Are Spending More Money With Amazon

Thanks to bigger selection, convenient return policy and addition of digital goods, Amazon is quickly sucking up more of our spending dollars. No it is not just me talking — data shows a sharp jump in per account spending and it is only the beginning. Bezos FTW!

Why eBay Wants to Buy GSI Commerce

Auction giant eBay said today that it will buy GSI Commerce, a provider of e-commerce and marketing services, for a whopping $2.4 billion in cash and debt. The deal is part of eBay’s continued makeover from an auctions-oriented company to an e-commerce platform.

In Aisles, Consumers Turn to Mobiles for Holiday Shopping

This holiday season, 28 percent of U.S. shoppers will use a mobile either for price checking or for product recommendations from friends — all while in the aisles of a traditional retail store, says IDC. Are consumers finally ready for advanced mobile payments and digital wallets?

Android Will Roll Out NFC Support in Gingerbread

Google CEO Eric Schmidt said Gingerbread, the upcoming update to Android expected in the next few weeks, will include support for near field communications, making it possible for users to soon tap their phone and use it as a credit card.