A survey carried out by SAP found that APAC consumers are more likely to use mobile commerce than the global average.80% of respondents in the region used their mobile to pay their utility or telecoms bill, compared to the global average of just 50%, while 63% had used their phone to make a bank transfer compared to 52% globally.
Almost half (42%) of Asia-Pacific respondents said they had used their mobile phone to purchase goods and would continue to do so.
The survey highlighted the fact that online security is still a barrier to adoption, as 54% of people said they would increase their m-commerce transactions when they gained more confidence in mobile security.
A further 57% pointed to improved personal data security as a key driver for increasing adoption of transactions and communications over mobile.
The report is based in part on a survey of 3,288 respondents in China, India, Japan and Australia.