world mcommerce trends Archives

MasterCard will be bringing mobile payments to Indonesian consumers

10/05/201110/05/2011 Jorge Gonzalez

According an Asia-Pacific region rep for the leading global payment processing service and credit card company, MasterCard, the company has intentions to create a new form of retail systems that will allow payments to be made using smartphones. Group head of emerging payments in the Middle East, Africa, and Asia Pacific for MasterCard Worldwide, Phillip Yen, Indonesia is expected to be one of the top mobile payment markets. They believe that the popularity of this technology could be greater than the standard plastic credit and debit cards, “so we could…

M-commerce is becoming a growing part of the online marketplace

10/03/201110/03/2011 Sam Lambert

China Mobile commerce ticketing payments

The results of the research performed by consulting firm Analysys International, which specializes in Chinese internet market research, have revealed that the second quarter 2011 sales revenue which was brought in by way of purchases made using a smartphone totaled approximately 1.67 billion yuan (about $261 million). This is a significant increase when compared to the same time in 2010, when the sales revenues were approximately 880 million yuan. These statistics have retailers in China watching the mobile commerce environment very carefully. Some experts are predicting that China’s internet development…