Mobile payments grows at 55% year-on-year

Thursday, 30th January 2014

According to this, mobile payments segment accounts for 19.5% of all transactions worldwide in December 2013, which means a growth of 55% year-over-year (up from 12.6% December 2012).

"For the travel vertical segment, there was an increase of 22% in mobile payments and passes every other vertical with nearly 30% of all transactions made over smartphone or tablet. Gaming has seen the greatest increase in mobile payments over the last four months, up by 35% to 12%. Mobile transaction volume in retail has also risen by a third, up to 23%. Ticketing now sees 20% of transactions on mobile devices, up by 12%, and digital goods payments are 18% mobile, up by 9%."

"For all verticals except retail, smartphone payments outweighed tablet payments in volume. Yet tablets showed comparatively far higher average transaction value than smartphones or even PCs in the majority of cases. Of the five verticals, travel is the only one to show PCs dominating over tablets in terms of transaction value, despite having the highest share of mobile payments in volume."

E-Commerce Booming in Indonesia, Survey Finds

Wednesday, 29th January 2014

According to The Jakarta Globe, "up to 76 percent of Internet users in Indonesia shopped online over the past year and spent Rp 5.5 million ($450) annually on average."

"48% of the online shoppers were in the 18-to-30-year age group and earned a higher income."

“E-commerce in Indonesia is growing rapidly as the number of Indonesian people connected to the Net, especially through smartphones, is growing. (...) The online market expansion and the growing number of online retailers last year clearly showed that there had been changes in young people’s online shopping behavior.”

"Experts have pegged the value of Indonesia’s e-commerce potential at between $10 billion and $12 billion in 2015, spurred by the growing number of smartphone users connected to the Internet."

US shoppers more concerned about online shopping security

Wednesday, 29th January 2014

According to The Paypers, the security breach that US-based retailer Target has suffered in December 2013, has had a major impact on the US consumers.

"Target had a security breach that hit almost all of their payment consoles. (...) financial information from 1.1 million credit and debit cards used at the company's U.S. retail locations between July 16 and October 30, 2013, may have been stolen by criminals."

"The US shoppers are now more concerned about the safety of their personal information. However, the same source points out that many of these people have not taken any steps to protect their data and make it more secure. 61% of respondents have declared they now have deep worries when using online payment methods, while 62% are very concerned when they buy on their mobile phones. Just 37% have tried to use cash for their purchases to combat data thefts."

"Research also unveils that only 41% have mentioned that they have checked their credit card bills for signs of fraudulent activity and even fewer have changed their passwords on retailers' websites."

2014 trends dominating e-commerce - infographic

Tuesday, 28th January 2014

[caption id="" align="alignnone" width="720"] From Visualistan[/caption]

Twitter afffects Christmas shopping - infographic

Tuesday, 28th January 2014

[caption id="" align="alignnone" width="703"] From ME[/caption]

    Page: 73 / 80
Previous Page 63  64  65  66  67  68  69  70  71  72  73 74  75  76  77  78  79  80   Next Page