Jan 16
Recently, Oceanpayment announced the launch of an innovative payment solution in the Malaysia market, introducing GrabPay as a new local payment method for merchants. This strategic move aims to advance cross-border e-commerce along the 'Belt and Road,' facilitating seamless connectivity for merchants through localized operations and market services. The objective...
read more → Jan 11
Oceanpayment has forged a strategic partnership with Octopus Cards Limited (Octopus), marking a significant milestone. This collaboration will enable Hong Kong citizens to shop online for a diverse range of goods and services, from F&B and groceries to electronics and travel products, with a stable and continuously managed network that...
read more →- January 11, 2024
- BLOG, News
Nov 21
China, 21st November 2023 | Oceanpayment has established a strategic partnership with the Global Legal Entity Identifier Foundation (GLEIF) to facilitate cross-border trade. On the 3rd of November, GLEIF's CEO, Stephan Wolf, and Oceanpayment's Chairman, James Liu, signed a Memorandum of Understanding (MoU) to create the partnership. The signing ceremony was also...
read more →- November 21, 2023
- BLOG, News
Oct 13
Afterpay, a global leader in the Buy Now Pay Later industry, has signed with Oceanpayment as their first payment full service provider partnership, specialising in the APAC region. Once established, Afterpay will collaborate with Oceanpayment to offer payment services in key markets including the US, Australia, and the UK (where Afterpay is...
read more →- October 13, 2023
- BLOG, News
Sep 01
Oceanpayment is a global acquisition partner of Discover® Global Network, one of the six largest international card organizations. We are committed to our joint goal of providing our global business customers with cutting-edge global e-commerce industry information and market insights, breaking knowledge boundaries and broadening global horizons. To achieve our...
read more →- September 1, 2023
- Payment Insights
Sep 01
Boleto has rapidly become one of the most popular payment formats across Brazil. Introduced in 1993, the payment method is actively used across the country to make payments across different vendors. Data from the Brazilian Federation of Banks suggests that the payment method is actively used by over 40,000 processors...
read more → Aug 31
With the rapid progression of ecommerce across the globe, it is estimated that by 2026, the total volume of ecommerce transactions will exceed USD 8.53 trillion1. To maximize the growth benefits from this increasing trend, cross—border merchants must be ready and able to accommodate the diverse and dynamic expectations of...
read more →- August 31, 2023
- BLOG, News
Aug 18
In today’s highly competitive cross-border commercial operations, every single occurrence of a fraud diminishes a merchant’s revenue and margin. Statista estimates that e-commerce losses due to online payment fraud amounted to USD41 billion globally in 2022, up from the previous year. And this figure is expected to grow further to...
read more → Jul 31
An electronic payment system is a way to process payments electronically using credit cards, ACH payments, and mobile wallets instead of cash or checks. It's a quick and efficient method for online transactions, benefiting both customers and retailers. In the following section, we'll look at electronic payments in more detail...
read more → Jul 31
Online payment security is an increasingly important concern for every business. According to a survey, 71% of businesses experienced payment fraud last year. The consequences of payment fraud can be quite costly, as evidenced by the average cost of $9.44 million for a data breach in the US. To safeguard...
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