Indonesian B2C ecommerce growth potential global market.

"Indonesia, a market with high double-digit annual growth rates, is the second fastest growing B2C ecommerce market worldwide. However, logistics and payment infrastructure represent ecommerce development hurdles."

"Indonesia ranks fourth globally in terms of population and has had a relatively low internet penetration, reaching under 30% in 2013. Internet penetration, however, is projected to top 100 million, with online shopper penetration also increasing by 2016. "

"A revised ecommerce legislation is expected to take effect in Indonesia in 2014 and, thus replace the current unclear regulations for the industry. Among the considerations in the proposed legislative package are provisions to strengthen consumer rights, such as the obligation of merchants to provide full information about their services and their legal status."

More info here.

Only 2% of micro-businesses in the UK use a mobile point-of-sale (mPOS) to accept payments.

"According to a recent report, the number one barrier to business growth is cash flow. mPOS solutions enable businesses to accept a card payment using a smartphone instead of a traditional fixed point-of-sale terminal."

"The research reveals that 45% of micro-businesses identify cash flow as the number one barrier to growth. In addition, 48% of micro-businesses surveyed miss sales or face delayed settlement, with one in ten saying they miss sales because they don’t have the required payment capability. And more than half of respondents believe multi-channel payments will be important in the future."

"19% believe mPOS will help with cash flow and 17% expect it to remove payment issues. An encouraging 38% of respondents say they will adopt mPOS in the near future as long as their concerns are addressed. Given mPOS is a relatively new technology and micro-businesses are typically hard to reach, it is surprising that 47% of respondents correctly identified the actual definition of an mPOS."

"Just 2% of respondents currently use mPOS technology. One major reason is that current mPOS and POS offerings are too slow to settle payments and help businesses’ improve cash flow. The majority of existing mPOS services takes between 7-10 days to settle payments."

"The research also reveals that mPOS security (56%) and connectivity (29%) are major concerns among micro-businesses."

More info here.

Cross-border and digital expansion, followed by product diversification, are the main objectives on businesses' agenda in Q3 2014.

"The analysis, which includes 10,000 firms across 145 countries, reveals that almost 40% of businesses are seeking to reach new geographic markets or expand their online presence, instead of keeping their focus on customers in existing markets."

"Nearly 12.5% of businesses are focused on finding partners who could help them diversify their product range and application, while over 10% of businesses are actively seeking a partner to help them raise capital. The quest for partners that can assist online expansion reflects the rapid increase of the online B2B market, which at USD 559 billion was estimated to be around twice the size of online B2C sales in 2013, according to Forrester Research data. Equally, the search for partners to support cross-border expansion reflects the opportunity that remains off-shore, particularly in developing economies, and the recognition that such a goal often requires on the ground support, the report indicates."

More info here.

Here are the preliminary results of the survey on Black Pete.

The preliminary results of the survey on Black Pete - Ezzev Foundation

Here are good practices and bibliography on the Black Pete discussion.

Good practices and bibliography