Providing market intelligence for more than 35 years

VentureBeat

Amazon heads into retail meatspace with its first smartphone-based wallet

Parks Associates’ analyst Tejas Mehta, however, sees this beta version as testing the waters for mobile transactions — plus adding functionality for Amazon’s new Fire phone, where the wallet will come pre-installed.

“The launch of Fire smartphone heralded Amazon’s entry into mobile commerce,” Mehta told us, “and [with] a digital payments app Amazon can be in a position to offer an integrated user experience across the online, mobile, and offline retail space.”

From the article "Amazon heads into retail meatspace with its first smartphone-based wallet" by Barry Levine.

Previously In The News

Social games could grow five-fold to $5B market by 2015

Social gaming revenues hit $1 billion in 2010 and could grow five-fold to $5 billion in the next five years. Market research firm Parks Associates said that the revenue growth will come from increa...

Western Digital launches revamped WD TV media player for TV"

Last year’s device was pretty slow. But WD says this one is more responsive. These types of devices, such as Seagate’s recently launch Home Theater, cater to consumers who are storing more and more...