The year 2011 has seen the coming of age of Mobile Commerce, made its presence felt in specially during the US in 2011. Industry sources predict that the next 2 to 3
years will see Mobile Commerce exploding and perhaps even edging out E commerce.However as with every technology distruption , there are many evils that
comes with it.
According to data from PayPoint’s, 30 percent of Internet shoppers, or roughly 10.5M people, made a purchase via mobile devices while another 30 percent made a purchase via social media. According to PayPoint, fraud is on the rise because of growth in digital purchasing via mobile and social media — with projected growth of digital fraud growing 18% by 2015.For much more information, download PayPoint’s full report, which is locatedhere.
According to data from PayPoint’s, 30 percent of Internet shoppers, or roughly 10.5M people, made a purchase via mobile devices while another 30 percent made a purchase via social media. According to PayPoint, fraud is on the rise because of growth in digital purchasing via mobile and social media — with projected growth of digital fraud growing 18% by 2015.For much more information, download PayPoint’s full report, which is locatedhere.