May 30
Shopify is an e-commerce solution that allows businesses to manage their online stores effectively. Enterprises seeking to reach customers worldwide can use its robust features to extend their reach, eliminating the need for physical storefronts. It also allows businesses to grow their sales and reach without the hassle associated with...
read more → May 30
This year, Singapore's digital payments market has experienced a surge. This is because a growing number of e-commerce platforms support digital payments, and vendors are increasingly offering contactless and mobile payment options to consumers. Thanks to digital wallets and mobile payment apps like CashApp, Venmo, PayPal, etc., seamless and secure...
read more → May 15
As the goalkeeper for the online shopping journey, an excellent payment experience will improve the conversion and retention rate for e-commerce websites, while an unsatisfactory experience will have a direct impact and result in loss of revenue. Oceanpayment, the leading cross-border payment service in China, has worked closely with Shopify,...
read more → Apr 26
One of the best ways to improve customer retention is to effort a seamless checkout experience. While most businesses today offer digital payment options, there’s room for growth when it comes to embedded payments. This payment method became popularized during Covid 19 because of its convenience but it has managed...
read more → Apr 24
Digitalization has progressed at a rapid pace and has quickly become part of our everyday lives. The fintech revolution is one of the most eminent examples of digital transformation, with various new concepts and products materializing every day. One such concept that is going strong and gaining immense popularity is...
read more → Apr 17
Use the mobile phone to place an order for a coffee to start the day. Swipe the QR code to commute to work. Order a takeout lunch with the mobile phone. Go online shopping for bargains and place orders. Flash sale! Book tickets for that coveted vacation. …… Since the...
read more → Mar 23
As the competition for cross-border ecommerce revenue heats up, service providers have come up with offerings galore to entice and retain consumers. One product that has caught the attention of the Millenials and GenZ consumers overseas is "subscription-based consumerism". With rapid urbanization, infrastructural development and the ready availability of more...
read more → Jan 31
Since October 2022, the major credit/debit card associations have gradually stopped supporting or offering 3DS1.0 services. Instead, they have been strongly advocating the use of Strong Customer Authentication (SCA), a protocol that enhances security for the online consumer and, at the same time, minimizes the merchant’s exposure to fraud risks....
read more → Jan 17
On the 1st business day of 2023, Oceanpayment received the excellent news that we had been awarded the Major Payment Institution (MPI) license by the MAS (Monetary Authority of Singapore), a key milestone in our strategic quest to grow and develop a sustainable international market. Effective on 1st January 2023,...
read more →- January 17, 2023
- BLOG, News
Dec 30
You must be familiar with online payments and credit and debit card transactions if you're a business owner. When you expand your business globally, payment is one of the most crucial buying process steps. Convenient payment methods do not only enhance customer experience but also help expand your business in...
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