Author: Julie Campbell

Mcommerce becoming significant focus for Asia Pacific countries

Mcommerce Asia PacificA new study is showing that these nations are concentrating heavily on shopping over this channel.

China is currently leading the world as the region of the glob that has the largest mcommerce activity, but most of the countries in the Asia Pacific are focusing their attention on that channel at the moment.

According to a recent study’s results, the fastest rise of smartphone shopping is also occurring there.

The research was performed by MasterCard, and it showed that while China may be the country where the most mcommerce purchases are being made, it is in Indonesia and Thailand where the most rapid growth is being seen in purchases made over smartphones and tablets.

The MasterCard study showed that over half of all consumers from Thailand and Indonesia are now using mcommerce for shopping purposes.

The report was based on a study which was designed to examine the inclination of consumers to shop online and was held throughout 25 different markets around the world in November and December of last year. The final report included the results of interviews with 7,011 respondents in 14 markets in the Asia Pacific region.

These participants were asked a number of questions in order to better understand their shopping habits online. China was the clear frontrunner, but other leading countries for mcommerce included New Zealand, Singapore, Australia, and South Korea.

Among the primary drivers behind the shift toward mcommerce in all of these countries – particularly in China – was a confidence boost in shopping using smartphones and tablets. The survey showed that only 21.4 percent of the respondents said that they didn’t feel that shopping over mobile devices was secure. This was a decrease from the year before, when it had been 32.8 percent, which had also fallen from 2010, when the figure was 35.3 percent.

Beyond confidence, consumers in China also revealed that they felt that mcommerce made shopping online “easy”. Among the respondents from that country, 89.5 percent agreed with that statement, which was a rise from the year before when only 80.8 percent felt that way in the survey that was conducted for the MasterCard research that year.

Mobile marketing acquisition confirmed by Spindle

Mobile Payments AcquisitionThey have verified the purchase that they have made of the MeNetwork firm.

Spindle Inc., the provider of mobile payments solution. has just announced that it is officially acquiring the mobile marketing firm called MeNetwork Inc.

The Scottsdale, Arizona based company will be integrating the services provided by the two businesses.

MeNetwork is a new location based mobile marketing solution provider that has been drawing a great deal of attention to itself. Spindle’s announcement of the acquisition explained that MeNetwork’s smartphone friendly advertising technology will be integrated into its own payments platform.

As of yet, there have been no financial terms revealed regarding the purchase of the mobile marketing company.

This most recent purchase has only proved to underline the growing trend throughout the industry that is having mobile marketing and payments companies coming together within the channel.

MeNetwork already boasts client relationships throughout Europe and the United States and is probably going to provide Spindle’s smartphone payment and loyalty solutions offerings a considerable expansion beyond its own steady growth. At the moment, Spindle’s primary focus is on retail and banking organizations.

The president of Spindle, Bill Clark, explained that “We are delighted to finalize the deal with MeNetwork, which now gives Spindle a comprehensive mobile commerce solution that incorporates mobile marketing and mobile payments.”

Clark’s company has taken part in a number of partnerships and acquisitions, recently, including this one with MeNetwork. In February of this year, there was another massive partnership that occurred between Spindle and PayLeap, another payment company that is Acculynk’s payment processing solution. In this case, it was a strategic partnership and not a purchase, and it was not with a mobile marketing company, but this does reflect the rapid growth and state of flux in which Spindle currently finds itself.

The hope for Spindle is that it will be able to allow its merchant clients to leverage the powerful new connections provided by its mobile marketing technology integration in order to build customer loyalty, drive commerce, as well as giving consumers the ability to experience and share unique content through their favorite social media network.