In 2008, mobile online shopping purchases (with the exception of travel) accounted for $396.3 million.
In 2009, that figure had grown to $1.4 billion.
In 2010, mobile commerce accounted for $3.4 billion.
THOUGHT: It has been getting easier and easier to make mobile payments.
With the announcement of Google Wallet yesterday, the promise of even more effortless mobile transaction looms much closer. I’ve spoken about the Square iPad app and how that has the potential to democratize transactions.
Google want to get rid of the dongle and make mobile transactions as easy as a tap through the magic of near field communications.
As for me, the electronic wallet couldn’t come soon enough.
You know how uncomfortable and annoying it is sitting on a bunch of folded paper wrapped in leather?
Thank you for Hubert H. Humphrey. His speech on civil rights at the 1948 Democratic National Convention is one of the greatest American speeches ever given and it forced the Democratic Party to choose the path of righteousness. Humphrey would’ve been 100 years old today.
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