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 →
Apr 17
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 →
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... read more →
Dec 30
With the increase in online shopping, businesses are increasingly looking towards the internet to expand their customer base and get more sales. To successfully expand into a wider market, it is essential for businesses to accept online payments. These payments are managed online as a result of the interaction between... read more →
Dec 19
“Payment for Purchase - The Complete Transaction” “Cash & Carry” – the simplest mode of any transaction. Be it on or off-line, physical goods or service related, what matters most to the consumer is that their purchase is successfully and satisfactorily fulfilled. To the merchant, receiving the transacted funds securely... read more →
Nov 22
This article dives into processing credit card payments online by businesses, and the factors that should be taken into account when choosing the right credit card payment provider, as well as the risks associated with processing credit card payments online. What is credit card payment? With a credit card, your... read more →
Nov 22
In this article, we explain what a WooCommerce Payment Gateway is and how it can help businesses ensure a seamless customer experience during the payment process. We also highlight some of the factors businesses should consider when selecting WooCommerce payment gateways. What is a Woocommerce payment gateway? A payment gateway... read more →
Nov 18
For many consumers in Europe and the Americas, the credit card has been the preferred mode of payment for all their transactions. However, with the upsurge in ecommerce and the proliferation of diverse payment methods, the consumer has been spoilt for choice. Of special mention is the ability to buy... read more →