E-commerce

Alibaba Taps Payments Firm WorldFirst To Boost Singapore SMEs’ Overseas Expansion

Alibaba Group’s B2B marketplace Alibaba.com has partnered with WorldFirst, a international payments platform, to help Singapore’s small and medium-sized enterprises (SMEs) bolster their digital presence and expand their sales internationally. WorldFirst will become Alibaba.com’s official channel partner in Singapore, helping

E-commerce Lending

Unpacking the Rise Behind Buy Now Pay Later (BNPL) Schemes

Strong growth in e-commerce has been a catalyst to the boom of buy now, pay later (BNPL) and other alternative payment methods. By 2024, it’s estimated that BNPL arrangements will account for 4.2% of global e-commerce payment methods, according a

E-commerce Payments Sponsored Post

Using Payment Data to Increase E-Commerce Revenue

If extracted effectively and used properly, payment data hold immense value, allowing businesses to make smarter decisions to optimize authorization rates and increase revenue, according to a whitepaper by payment fintech Checkout.com. The paper, titled Optimizing authorization rates with access

E-commerce Payments Security

Why a Shift to This New Security Standard is Crucial for Asia’s E-Commerce

With online commerce booming, Asian banks and payment services providers have shown a clear interest in adopting 3-D Secure 2.0 or 3DS2. This is an improved version of the 3DS authentication protocol for card payments that comes with increased security

E-commerce Mobile Payments

Global E-Commerce Revenues Surge; Asian Nations Lead in Growth Rate Ranking

Global e-commerce sales have surged amid the COVID-19 pandemic, with China, Hong Kong, South Korea, Vietnam, India and Japan recording amongst the highest revenue growth rates in the world, a Payoneer whitepaper says. Chinese sellers saw sales volumes surged 65%

E-commerce Mobile Payments

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

E-commerce Lending

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

E-commerce

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%.

E-commerce Payments

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

E-commerce Project Management

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