World

Mobile-commerce booms in Malaysia

Mobile commerce (m-commerce) in Malaysia is growing at breakneck pace, according to the country's leading online payment provider iPay88.
Mobile-commerce booms in Malaysia ảnh 1Illustrative photo (Source:Internet)

Kuala Lumpur (VNA) – Mobile commerce (m-commerce) in Malaysia is growing at breakneck pace, according to the country's leading online payment provider iPay88.

The provider said its online payment transactions account for almost 70 percent of the Malaysian market and reported that 3.7 million online shoppers making purchases through its systems in 2015 used mobile devices, an increase of 85 percent from 2014.

iPay88 executive director Chan Kok Long said that 47 percent of Malaysians use smart phones to shop online .

The proportion of Malaysian mobile traffic through iPay88 was 27 percent two years ago but will likely break the 50 percent barrier this year as it stood at 48.6 percent in the first quarter.

The country now ranks among the top three fastest-growing emerging markets for mobile shopping in the region, alongside India and Singapore.

Cheap smart phones, laptops and tablets have made the internet more accessible, boosting e-commerce development.

Mobile commerce is also being driven by other factors, including the advent of businesses like Uber and GrabCar.-VNA

VNA
#Mobile commerce #online payment provider #iPay88 #mobile shopping Malaysia
Follow VietnamPlus

Related News

Good prospects for e-commerce in Vietnam

Good prospects for e-commerce in Vietnam

Vietnam has great potential for electronic commerce as it ranks in the world’s top 20 countries for internet users and first in Asia in internet user growth rate with over 30 percent of its population
Online shopping set to take off

Online shopping set to take off

With the number of internet users and online shopping websites in the country skyrocketing, e-commerce is expected to boom this year.
M-commerce to take off in Vietnam

M-commerce to take off in Vietnam

Mobile electronic commerce or m-commerce is soon set to take off in Vietnam thanks to the increasing number of mobile phones and rapid internet development, experts have predicted.

See more

Indonesian-branded cosmetic and personal care products are available at supermarkets and shopping malls (Photo: VNA)

Indonesia aims to master cosmetics industry value chain

Key drivers include its large population, expanding middle class, and rapidly rising demand for beauty products, especially among young consumers. The market has reached billions of US dollars and is projected to maintain strong growth in the medium term.

The Anthropic logo is seen in this illustration taken on Mar 1, 2026. (File photo: Reuters)

Singapore warns of cyber risks from Frontier AI models

According to CSA, advanced AI models – among the most cutting-edge systems today – can significantly shorten the time needed to identify system vulnerabilities and develop exploitation tools, reducing the process from months to just hours.

Helicopter carrying eight reported missing in Indonesia

Helicopter carrying eight reported missing in Indonesia

Indonesian authorities are urgently conducting a search and rescue operation after receiving reports that a helicopter carrying eight people suddenly lost contact on the morning of April 16 in West Kalimantan on the island of Borneo.

Malaysia’s job losses surge 47% in the first quarter of 2026 (Photo: AFP)

Malaysia's layoffs rise 47% in first quarter

The report, based on figures from Malaysia’s Social Security Organisation, showed layoffs peaked in January with around 10,700 cases before easing to 7,500 in February and 5,900 in March. Despite the slowdown toward the end of the quarter, the total remained significantly higher than the roughly 16,500 layoffs recorded in the same period of 2025.

People take part in the Songkran Festival in Bangkok, Thailand, on April 13, 2026. (Photo: Xinhua/VNA)

Thailand's tourism sector enjoys windfall during Songkran Festival 2026

TAT estimated that around 500,000 foreign tourists visited Thailand during the April 11–15 period, generating about 8.1 billion THB, a 2% year-on-year increase. Domestic travel is projected at 5.96 million trips, up 7%, contributing about 22.25 billion THB, an annual rise of 8%.

The sixth ASEAN Digital Ministers’ Meeting (ADGMIN) approves the Hanoi Declaration on digital cooperation, reaffirming the bloc’s goals and principles as outlined in the 1967 Bangkok Declaration and the ASEAN Charter. (Photo: ASEAN/Facebook)

ASEAN, Japan envision joint AI development

Amid intensifying US–China rivalry and deepening technological fragmentation, ASEAN and Japan have strong potential to collaborate in developing more inclusive and comprehensive artificial intelligence (AI) models, according to an article published on fulcrum.sg on April 14.