mobile commerce

Although online retail currently contributes only 3 per cent to total retail volume in India, the figure is quickly increasing as last year online retail registered a mammoth growth of 35 per cent.

Hitting back its arch-rival Flipkart, eCommerce giant Snapdeal has too announced a lighter version of its mobile website called "Snap-lite".

Google's newly launched search engine nicknamed as 'Mobilegeddon' is going to affect mobile compatibility of millions of websites on the web.

Over 2 billion mobile phone or tablet users will make some form of mobile commerce transaction by the end of 2017.

Leading mobile commerce company, Paytm is aiming to clock $1 billion gross merchandise value (GMV) by March next year on the back of growing smartphone penetration and rising number of customers buying from e-commerce sites.

Leading online retailer Snapdeal is increasing focus on mobile commerce, where it will be doubling its engineering staff count to 700 soon.

Even with over 900 million subscribers, India is yet to see strong demand for electronic account services.