PayPal: Singapore gov't can 'make' mobile e-commerce market

Mobile e-commerce slow to take off in Singapore but government-led project aims to change that

Unsure that market forces alone can do the job, PayPal is betting Singapore's government can spur the development and adoption of mobile e-commerce applications in the Southeast Asian city-state.

PayPal is working with the Infocomm Development Authority of Singapore (IDA) to develop mobile e-commerce services through a project called Digital Concierge, the first time the online payment company has worked with a government in this way, it said.

"We want to make the market, rather than wait for it," said Rahul Shinghal, Asia-Pacific head of mobile products at PayPal, during a phone interview.

Originally conceived in 2007 by IDA and the Singapore Tourism Bureau as a mobile information service for tourists, Digital Concierge has evolved into a much broader plan focused on the development of mobile services in Singapore.

Last year, IDA sought the help (PDF) of companies to develop mobile services and to provide the technology components needed to build them. One of those technology components is a mobile payment platform, including software libraries that can be used to add payment capabilities to mobile applications, which PayPal will provide.

Mobile e-commerce has yet to take off in Singapore. Whether the Digital Concierge effort can spur wider adoption of mobile e-commerce applications, such as online shopping, restaurant reservations and ticket purchases, in Singapore remains to be seen. But PayPal hopes IDA's efforts to bring companies together to build mobile e-commerce applications will act as a catalyst that leads more business to use the technology, Shingal said.

Globally, PayPal said the volume of mobile payment transactions is rising, from US$25 million in 2008 to $141 million in 2009. The company expects to handle $500 million worth of mobile payment transactions this year.

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags Singaporepayment gatewayspaypalmobile commerce

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Sumner Lemon

IDG News Service
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?