3% of transactions are m-payments, which by definition (should be) specialized payment services like M-money. Mobile Payment (m-payment) in Malaysia Since movie tickets are the most popular items Malaysians buy on smartphone, let s take a look at what kind of mobile payment methods accepted by the leading cinema in Malaysia - GSC. 82 billion of mobile commerce in 2013, which represents close to 50% of total e-commerce market size. Mobile Commerce (m-commerce) in Malaysia According to Nielsen & PayPal Analysis, e-commerce market size in Malaysia was supposed to be RM 3. If you refer to the screenshot above, GSC only accepts M2U, RHB (both online banking) and PayPal. We personally think PayPal provides the best user experience in m-payment, as compared to online banking which requires Transaction Authorisation Code (TAC).
McCann even predicted that smartphone penetration in Malaysia will rise to 60% by 2015. As expected, movie tickets are the main driver for smartphone purchases followed by fashion & accessories, while airline tickets are the most popular items Malaysians purchase on tablets. This reflects the reality of lack of strong mobile payment services in Malaysia. Only Singapore and Vietnam in Southeast Asia have higher mobile penetration than Malaysia. Our report earlier shows 27% of smartphone penetration but the latest data stands at 35%, which means there are more than 10 million smartphone users in Malaysia. If we refer to Euromonitor s report, RM 1.
5% as recent as 2010, and it is projected to reach 59. On Device Research has also presented a breakdown of smartphone OS in Malaysia, with Android the majority 65% followed by iOS and Windows with 13% respectively. 24 billion (or 34% of PayPal s report) are products-only transactions etrade bitcoin malaysia.Status.. 65 billion in 2013, including the transactions of both services and products. .Veritaseum.