
E-commerce
ZaloPay Becomes First Vietnamese E-Wallet to Partner with Shopify
ZaloPay announced that it has become the first Vietnamese e-wallet provider to partner with Shopify, an e-commerce company headquartered in Canada. Through this partnership, ZaloPay and Shopify aim to promote the “brand.com website model” in Vietnam. This model helps businesses build
Read MoreAtome’s BNPL Payment Option Now Available for Amazon Singapore Shoppers
Atome, Southeast Asian buy-now-pay-later (BNPL) platform, announced that its flexible payment option is now available for Amazon customers in Singapore during checkout. This is Amazon’s first BNPL partnership of its kind in Southeast Asia. Amazon.sg customers can now pay using
Read MoreTop 5 Trends Shaping E-Commerce in 2023
MRC, Cybersource and Verifi have released a new report that shares findings of a survey of global e-commerce merchants which. This study highlights the top trends in e-commerce in 2023. The study, which polled 1,000+ merchants involved in e-commerce in
Read MoreUOB and Lazada Collaborate to Offer Loans for Sellers, Co-branded Credit Cards
UOB and Lazada Group will collaborate on retail products and banking solutions for their combined customer base in five key Southeast Asian markets, namely Singapore, Malaysia, Indonesia, Thailand and Vietnam. This will be Lazada’s first partnership with a bank across
Read MoreBukalapak Snaps up Majority Stake in Malaysia’s iPrice
Indonesian e-commerce platform Bukalapak has acquired a majority stake in Malaysian price comparison platform iPrice. Details of the transaction was not disclosed. This acquisition comes on the heels of Bukalapak’s decision to shift its focus from competing head-to-head with other
Read MoreIndonesia Expected to be South East Asia’s Biggest BNPL Market by 2025
BNPL has become a popular payment option in Indonesia due to its convenience and flexibility. With relatively low financial inclusion and even lower credit card penetration, BNPL offers the Indonesian public an alternative to pay a lower upfront amount for
Read MoreIndia’s Central Bank Spurring a Digital Payments Boom
India’s Central Bank has been digitising the country’s payment process at a rapid speed. The digital payment index (DPI), a metric used by the Reserve Bank of India (RBI) to determine the growth of digital payments across the country, rose to 349.30
Read MoreMaking Sense of Fintech Fraud in APAC
As technological advances significantly change people’s daily lives, the benefits from these advances essentially boil down to one aspect, convenience. Technology has allowed business and social activities to expand and remain primarily online. This includes transactional decisions from purchasing tangible
Read MoreE-Commerce Boom Propelling Digital Payments Adoption in Southeast Asia
Southeast Asia (SEA) is experiencing exponential growth in digital payments encouraged by a booming e-commerce scene. The region is now home to some of the world’s largest online marketplaces in some of the fastest-growing economies like Indonesia, Malaysia, Singapore, and
Read MoreWhatsApp Puts Focus on Small Businesses; Bets on Social Commerce and Chat-Based Experiences
Social networking giant Meta Platforms is targeting opportunities related to commerce and payments, leveraging on the popularity of WhatsApp in emerging markets to establish the messaging app as a core communication tool and sales channel for small businesses. This ambition
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