Blog - Oceanpayment

2020 Global E-Commerce Industry Development – Asia Pacific Takes the Biggest Market Share!

In their October report on industry analysis and research in the Asia Pacific region, Moody reported that with the coronavirus pandemic gradually coming under control in APAC, the travel industry is poised to become the driving force behind economic recovery. The global eCommerce sales in 2020 reported 16.5% year over... read more →

November 23, 2020
Blog

Global Pandemic Resurgence! How can Cross-Border Sellers Maximize Profit and Minimize Risks During the Peak Shopping Season?

Many countries have started to impose measures in targeted regions to contain the spread of the coronavirus and prepare for a possible second wave. The implementation, once again, of stringent lock down measures, will inevitably influence consumer spending behavior globally. And in turn will significantly impact cross-border exports, logistics, and... read more →

November 16, 2020
Blog

Understanding Pre-Authorization Payment: How it can enhance the consumer’s payment experience？

When standing at the hotel’s front desk to check-in, you might have encountered the experience of going through a 3-step process when using the pre-authorization method for payment: pre-authorize amount à cancel the pre-auth transaction à make payment. The consumer would need to have their credit cards swiped three times... read more →

October 21, 2020
Blog

Leveraging the opportunities for Mobile Payment, who will emerge as the winner?

In recent years, the mobile payments market has seen progressive development. This has been made possible by the proliferation of smartphones and internet innovation. Statistics show that mobile payments amounted to USD1.139 trillion in the market in 2019, with this number expected to reach as high as USD4.691 trillion by... read more →

September 11, 2020
Blog

“Home-based Economics” is on the Rise. Are you ready for the new online and contactless business model?

Since the beginning of the year, many companies have either halted operations or arranged for their employees to work from home. And, due to the schools’shutdown, students have had to learn from home. With the majority of the population using their homes as the basecamp of their daily business, work... read more →

August 24, 2020
Blog

Oceanpayment is certified as an authorized PSP for Apple Pay

“Don’t leave home without the mobile phone”. This is now the mantra for modern living, where the mobile phone has replaced the wallet in making payment for daily living expenses - in the supermarkets, convenience stores, restaurants, retail stores, transportation, medical treatments, etc. With the decreasing need and use of... read more →

August 7, 2020
Blog

Offline to Online to Save Your Business During COVID-19

COVID-19 has taken the world by storm. It has not only affected the health and travel industries but a wide array of sectors spanning the globe. The virus will have a lasting effect on our economy in the coming months and well into 2020. For the time being, merchants of... read more →

July 3, 2020
Blog

E-commerce and Payment Method in Southeast Asia

With its rise in economic, social development and digital growth, Southeast Asia is becoming a highly attractive e-commerce market. Multitude advancements in recent years have presented a wide opportunity for business e-commerce expansion into the market. Here’s an overview of marketing and payment methods within the region and how to... read more →

March 31, 2020
Blog

The Changes COVID-19 Has Brought To Retailers

As COVID-19 continuous to spread drastically worldwide, more sever precautions are taken in regard to social distancing. Due to these changes, retailers and experts are beginning to wonder what effect this will have on physical businesses and e-commerce in general. Here’s a look at the impact the coronavirus will have... read more →

March 29, 2020
Blog

Payment Product-WebMoney Introduction

WebMoney Transfer is a global payment system which aids in a variety of business activities. It was established in 1998 and since then has helped millions of merchants and customers make payments easily and effectively. The platform allows users to attract funding, resolve payment disputes, track funds, all while making... read more →

February 29, 2020
Blog