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 Friday, October 21, 2011

Industry sources claim that owing to rapid technology upgradation and the increase in the number of smartphone users, British consumers are likely to spend as much as $30.5 billion by 2021 on purchases through their mobile handsets. As per reports, the mobile purchases currently account for $1.8 billion, with almost $417 million comprising of mobile sales from the food and groceries category.

Sources claim that mobile commerce is expected to grow by 55 percent over the next five years. Innovations such as Near Field Communications (NFC) and faster mobile data transmission play an important role in the success of mobile commerce, by offering users a more secure and convenient way to pay for goods and services.  In order to better provide mobile payment services to their customers, network operators O2, Everything Everywhere and Vodafone joined forces to offer users a single system of paying for goods and services via mobile phones.

Source: Wireless Federation

Friday, October 21, 2011 1:04:23 PM (W. Europe Standard Time, UTC+01:00)  #     | 
 Tuesday, December 02, 2008

The new Arab Advisors’ survey of Jordan's Internet users also revealed that WiMAX operators had an 8.3% share of residential broadband Internet accounts in the country. Retail e-commerce in Jordan reached an estimated US$ 181 million the 12 months between November 2007 and November 2008.

 

Arab Advisors’ online survey revealed that of the respondents who have an ADSL subscription at home, 13.3% share it with neighbors. 28% of those sharing share the ADSL connection with two more households, 22.7% with three additional households and 29.3% with one additional household.

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Source: Arab Advisors Group.

 

 

Tuesday, December 02, 2008 4:53:40 PM (W. Europe Standard Time, UTC+01:00)  #     | 
 Thursday, October 16, 2008
Efforts to spur more Europeans to shop online and across national boundaries will be stepped up Wednesday with plans for a new law to guarantee consumer rights across the 27-nation bloc.

The proposed legislation would oblige retailers to make product information available before sale, guarantee delivery within a maximum of 30 days and allow a statutory 14-day "cooling-off" period in which purchasers could change their minds.

Consumers would also be entitled to full refunds within seven days if goods fail to arrive, and companies would be banned from using some "get-out" clauses allowing them to supply products different from those advertised.

While an estimated 150 million Europeans use the Internet to shop, just one in five of those attempts to make purchases outside the home country, according to the European Commission.

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European officials argue that the regulatory regime for e-commerce is vital because the sector is forecast to generate €128 billion, or $174 billion, across the European Union in 2008. The figure could grow by 230 percent in five years, officials say.

Source: Herald Tribune.

Thursday, October 16, 2008 2:29:06 PM (W. Europe Standard Time, UTC+01:00)  #     |