CorFire, a provider of mobile technology solutions and a mobile commerce business of SK C&C, USA, recently announced that it will be opening a new office in London, UK. The new London office will support business development and customer service efforts in the United Kingdom and across Europe.

According to a recent report published by Forrester Research (News - Alert), almost 6.8 percent of all European Web sales will shoot up from mobile phones, followed by a $23 billion growth in mobile commerce by the year 2017. Catering to its ever-growing market, CorFire is poised to deliver comprehensive and secure technology services to all players in the mobile ecosystem. The company boasts more than 10 years of professional experience of delivering effective mobile commerce solutions to South Korea.

The primary reason behind opening a new office in London is that CorFire sees the promise and growth in the booming mobile commerce market in Europe. Heavy dependence on public transportation and innumerable urban environments has facilitated the demand for mobile commerce all the more. With mobile device engagement increasing all across Europe, especially via smartphone to access important retail information, it is expected that mobile commerce will become the key revenue driver for most European retailers, proving out to be a useful tool for the consumers.

With years of professional expertise in mobile commerce business, CorFire provides a reliable and scalable technology to help companies to move their mobile commerce initiative forward, in a secured and quick manner, transforming the concept of mobile commerce from vision to reality. The company offers extensive industry solutions to financial institutions and banks, merchants, technology innovators, MNOs, and OEMs, offering a comprehensive range of mobile commerce products like CORTSM, CORPAY, and COR360 Degree.

Dr. Jae H Chung, president and chief executive officer of CorFire said, “Mobile payments adoption in North America and Europe is beginning to take off as smartphones become an increasingly integral part of our lives. CorFire’s expansion across borders demonstrates our commitment and dedication to equipping mobile network operators, merchants and banks around the world with the solutions they need to easily and conveniently deliver the mobile lifestyle to their customers.”