Mobile payments sees great potential in urban areas

Future of Mobile Payments

The market in Indonesia appears to have a good shot in cities and areas of more dense population. Although mobile payments and wallet services have been struggling to take hold in many parts of the world, in Indonesia, the trend appears to be slanted toward the urban areas, where there is considerable potential still left untapped. While some early adopters are already using digital wallet technology, they remain the minority. It is believed that while there are a small number of people who are using mobile payments for transferring money…

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Visa says mobile payments won’t lead to EM cards’ demise

Mobile payments credit cards

An executive from Visa has reported that EM cards aren’t doomed due to the rise of mobile payments. The head of Visa Inc.’s non-U.S. operations has released a statement while in Singapore, saying that there is still a future in plastic credit cards, despite the growth and aggressive promotion of mobile payments and their various platforms. Even though there has been a tremendous rise in the number of systems catering to smartphones – particularly in emerging markets such as India and Indonesia – the fact that these same nations are…

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eBay reaches markets worldwide, but still has a long way to go

Ebay m-commerce News

Though eBay is present in many different global markets, from the United States and Canada to 12 European regions, and 8 Pacific regions, there are still many untapped territories around the world from different countries that could help eBay to reach greater potential. According to Oliver Hua, the chief operation officer for eBay South East Asia, Greater China, and Japan, the Indonesian market alone offers a substantial opportunity for eBay, considering the 95 million shoppers around the world who are interested in trends such as Penn Olson, Willis Wee, and…

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