E-commerce

In Singapore, Digital Wallets are Set to Overtake Credit Cards and BNPL is Fast-Growing

COVID-19 has spurred a spike in e-commerce globally, propelling with it digital payment adoption. In Singapore, digital wallets are set to overtake credit cards as the preferred online payment method over the next four years, and buy now pay later

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Competition Heats up in Southeast Asia’s Buy Now Pay Later Market

In Southeast Asia, buy now pay later (BNPL) is becoming an increasingly popular way for shoppers to pay for purchases and players including Grab, GoJek, Razer and Oriente have all jumped at the opportunity. BNPL allows customers to make purchases

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E-Commerce Payment Trends in Southeast Asia

Southeast Asian economies performed remarkably well in 2020 despite the pandemic. The Asian Development Bank (ADB) estimates a contraction of 3.8% for the region in 2020, a modest figure when compared to the eurozone at 7.9% and Britain at 10.1%.

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5 E-Commerce Payment Trends to Watch out for in 2021

COVID-19 has accelerated consumers’ shift to digital channels with online shopping volumes reaching new highs around the world. In Southeast Asia, e-commerce has emerged as the growth engine for the region’s digital economy, growing 63% to reach US$62 billion in

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How Crucial Is eCommerce in a Post-Pandemic World?

As we continue to soldier on through a raging pandemic, community-wide lockdowns, and the near-collapse of the economy, we not only need to keep in mind how we’re going to survive this crisis, but also how we’re going to manage

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How to Adopt the Enhanced Version of 3-D Secure for Improved User Experience

Changing customer expectations, the ubiquity of mobile phones and an evolving regulatory landscape are rapidly making the 3D Secure (3DS) standard obsolete. To address customers’ demand for a frictionless e-commerce experience, market participants must adopt 3DS 2.0, experts say. What

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Unpacking the E-commerce Landscape in Singapore

Singapore is one of the world’s richest countries. The country’s wealth is mostly due to its low unemployment rate, stable economy, superfast internet speed, and a vibrant e-commerce marketplace. Singapore enjoys the fastest-growing e-commerce industry in Southeast Asia, with projections

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