Increased adoption of contactless payments in Japan, South Korea

Thursday, 17th April 2014

According to this, more than 90% of the total global value of transactions from mobile NFC payments was generated in the Asia Pacific region, particularly in Japan and South Korea.

"According to online media outlet letstalkpayments.com, Japan has the largest number of NFC enabled POS (>1 Million) in the world. There are more than 70 million NFC-enabled devices in Japan, according to Wireless Watch, compared with around 3 million in the US. In Japan, FeliCa (developed by Sony) is the most popular contactless payment system in Japan. FeliCa based terminals have been placed at over 1 million while MasterCard has announced deployment of 400,000 PayPass based terminals over the years."

"ComScore research indicates that in December 2010 alone, 9.8 million Japanese consumers used their mobile wallet to make a purchase; 7.6 million made a purchase in a retail/convenience store; 3.2 million purchased from a vending machine; 2.7 million paid for public transport; 2.6 million purchased in a grocery stores; and 1.5 million paid a restaurant bill all using their mobile phone. 47 million Japanese have adopted tap-and-go phones in three years. In Japan, mobile Web shopping exceeded USD 10 billion in 2009 as per ABI Research. In March 2010, the m-coupon service of McDonald’s Japan reached 4.5 million users, according to Infinita."

"Suica is a popular electronic and mobile ticketing and e-cash system in Japan. As per estimates in a report by Eurotechnology Japan, over 30 million suica cards have been issued used for around USD 10 billion worth of annual transactions. Suica cards are used for transportation fare as well as for general purchases. These cards are supported across vending machines, kiosks and retail chain stores."

"In January 2011, research company Celent had deduced that South Korea’s mobile contactless payments market will grow at CAGR of around 50%. Growth of the mobile contactless market in South Korea can be attributed to the spread of mobile contactless payment processing terminals and through interoperability initiatives. In May 2012, there were as many as 200,000 terminals in the country capable of accepting MasterCard PayPass and Visa payWave. In June 2013, Korea Times reported that SK Telekom’s Smart Wallet reached 10 million users."

 

14% of Chinese consumers buy online on a daily basis - report

Thursday, 17th April 2014

According to this, 14% of the Chinese consumers shop online daily, according to a report commissioned by the consultancy firm PricewaterhouseCoopers (PWC).

"More than 60% of the Chinese consumers claimed they shopped online at least once a week, a percentage which is much higher than the global average of 5% daily online shopping, and 21% every week. As regards mobile shopping, Chinese consumers still ranked first. 4% of Chinese respondents said they used mobile shopping daily, 20% used it once a week and 27% once a month. The global percentages, on the other hand, were 2%, 7% and 12% respectively."

"In terms of mobile shopping, 71% of the Chinese consumers used mobile shopping , as compared to 32% for the US counterparts. 37% of the Chinese used the smartphone for dining reservation, while the percentage in the US was only 13%, 35% of the Chinese consumers purchased stock using smartphone, as compared to 5% for the US respondents."

"The same source indicates that Chinese consumers are more likely to accept mobile payments. In 2013, Square, PayPal and Tenpay’s total transaction reached USD 20.11 billion (CNY 124 billion), USD 27.09 billion (CNY 167) and USD 8.45 billion (CNY 52 billion) respectively."

"The PWC report interviewed 15,000 online consumers, covering 15 regions including Brazil, Canada, mainland China and Hong Kong, France, India and Middle East."

UPU members demand swifter action on cross-border e-commerce

Thursday, 17th April 2014

According to Post&Parcel, the Universal Postal Union’s member countries have demanded the organisation speed up its work to improve the flow of e-commerce through the global postal system. The Berne-based agency affiliated with the United Nations has been working to break down the barriers to cross-border e-commerce.

"The issue is seen as “critical” to the world’s postal operators as their letter volumes decline, and the UPU said Posts are “well positioned” to help particularly small and medium-sized businesses expand their sales across national boundaries."

"The organization’s Postal Operations Council – the group of 40 member countries elected every four years to direct the UPU’s technical and operational work – has passed a resolution emphasizing the need to act swiftly on the issue."

"The Council’s working groups are pushing for simplified international products and services for e-commerce shipping, ways to work more closely with Customs to reduce cross-border shipping delays, and improve the overall delivery service. This includes the development of specifications for an e-commerce package service for items up to 30kg in weight, which would include tracking, customs pre advice and supporting customer service features."

"Efforts are also underway to put in place a more effective merchandise returns service, for international consumers to easily return goods ordered online from other countries."

"Postal customers want “simple, reliable, consistent” services for e-commerce delivery, in a business worth more than $1.5 trillion according to the UPU."

“Customers say to the Post: ‘I trust you, but I need better information, better delivery options, better process’. They know we are capable of handling logistics operations, but they are also saying: ‘We need more than that, and we need it as fast as possible’,”

We're recruiting the Manager for our Ellesmere Port farm!!

Thursday, 17th April 2014

Reporting to the Chair, you will have day to day responsibility for the management of all BCF activities.

Main duties and responsibilities... achieve financial targets; ensure the safety of all employees, horticulture therapy clients, students and visitors; create an atmosphere of teamwork, mutual support and fun!

Key skills and requirements... previous commercial management experience; a background in the social services or care sector; an aptitude for commercial horticulture; be of a naturally caring disposition; have a sense of humour and be able to think on your feet.

Is this you? Great !!!

We look forward to hearing from you.

The Netherlands: mobile spending jumps to EUR 1.3 billion in 2013

Wednesday, 16th April 2014

According to this, online consumer spending via smartphones and tablets increased to EUR 1.3 billion in 2013 in Netherlands.

"H2 2013 mobile spending totaled EUR 735 million, which means 13% of the total ecommerce market. Smartphone and tablet sales more than doubled in comparison with the same period in 2012, according to the 2013-2 M-commerce Monitor, the six-monthly research into mobile consumer spending conducted by Blauw Research. The research was conducted in cooperation with Thuiswinkel.org, the association of more than 2,000 online shops in the Netherlands, and was also made possible by iDEAL."

"According to Wijnand Jongen, Director of Thuiswinkel.org, in 2012, m-commerce was worth EUR 560 million, whereas in 2013 it went up to EUR 1.3 billion. The share of products and services acquired via smartphones reached almost 30%, representing nearly EUR 400 million."

"The strong increase in mobile consumer spending is partly due to the fact that more and more people purchase online using their smartphone or tablet. The number of mobile buyers increased to 2.7 million in the last six months of 2013. This is almost twice as compared to 2012."

"In H2 2013, more than 14 million orders were placed through mobile devices, accounting for a growth of 84% compared to H2 2012. Cumulatively, more than 26 million online orders were placed through a smartphone or tablet in 2013. Consumers also make larger or more expensive purchases increasingly often through their mobile devices. On average, consumers spent EUR 52 per order in the last six months of the year, which was 21% more than in 2012. Generally speaking, payment of mobile purchases primarily takes place with iDEAL, just as is the case with other online purchases."

"The same source indicates that most purchases are made through tablets. 7 in 10 consumers order their products and/or services primarily via mobile devices. Almost 75% of mobile spending was made with the use of tablets (€ 532 million). Tablets are especially used at home, often as a replacement of laptops. Nearly all mobile buyers who made their last order on this device did so from their homes (96%). Smartphones are more often used outside the home (such as en route or at work) for mobile shopping (37%)."

"People who buy online using their tablet are more positive about mobile shopping than the ones who use their smartphone. As a result, they make almost half of their online purchases using a mobile device. People who use their smartphone for mobile shopping still make one third of their online orders through a mobile device."

"It is expected that mobile spending will continue to increase significantly to a turnover of around EUR 2 billion in 2014. This amounts to about 17% of the total online shopping market."

    Page: 3 / 7
Previous Page 1  2  3 4  5  6  7   Next Page