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 →
Nov
23
Nov
16
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 →
Oct
21
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 →
Sep
11
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 →
Aug
24
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 →
Aug
07
“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 →
Jul
03
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 →
Mar
31
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 →
Mar
29
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 →
Feb
29
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 →