U.S. mobile e-commerce sales are expected to surge 74% to $59 billion in 2014 for the largest sellers, with Amazon.com and Apple accounting for over one-third of purchases made via mobile devices, according to an industry tracker. Internet Retailer said in its 2015 Mobile 500 report Tuesday that the No. 1-ranked Amazon.com (AMZN) and No. 2-ranked Apple (AAPL) command a 37% share of total U.S. mobile sales, with a combined $30.8 billion mobile
U.S. mobile e-commerce sales are expected to surge 74% to $59 billion in 2014 for the largest sellers, with Amazon.com and Apple accounting for over one-third of purchases made via mobile devices, according to an industry tracker. Internet Retailer said in its 2015 Mobile 500 report Tuesday that the No. 1-ranked Amazon.com (AMZN) and No. 2-ranked Apple (AAPL) command a 37% share of total Mobile 500 sales, which includes both U.S. and non-U.S.
Amazon.com (AMZN), in its biggest move in payments to date, said Wednesday that it is offering a secure card reader and mobile app that lets small merchants process digital point-of-sale transactions. Called Amazon Local Register, it competes directly with similar offerings from Square, eBay’s (EBAY) PayPal, Intuit (INTU) and VeriFone Systems (PAY). The product can accept credit and debit cards loaded on smartphones or tablets. This includes Apple…