Established in 1998 in Russia, WebMoney is a money transfer system for US dollars. Since its development, the global payment system has continued to serve merchants and customers to make payments effectively. The outbreak of COVID-19 accelerated remote work, and the trend has continued post-pandemic. Ecommerce business owners look for... read more →
Jan 26
Jan 24
Konbini, which means “convenience store” in Japanese, is a local cash-based payment method in Japan. Used commonly in convenience stores and other vendor-based payments, the payment method is actively used for up to 10% of payments within Japan. Local consumers are accustomed to paying their phone bills, online orders, games,... read more →
Jan 21
Google Pay is a payment initiative launched by Google to allow consumers to make payments using a range of different payment methods. Google Pay allows consumers to make purchases using their phones and hardware devices that serve as wallets during online transactions. According to data provided by Google, businesses across... read more →
Jan 18
In 2021, more than 2.14 billion people turned online to shop for various products. Besides, recent data shows that 95% of shoppers will shift online by 2040. These figures indicate that we’ll soon move to a cashless society, but have you revamped your ecommerce business for this purpose? Yes, you... read more →
Jan 14
From the point of view of most customers, the payment process is usually pretty simple. All they have to do is use their preferred payment methods, and the payment process is over. However, in the background, there are a ton of different elements that are working to make the payment... read more →
Jan 13
In 2020, the pandemic surged the use of QR codes with over 1.5 billion active users. What’s more, the QR code payment users are predicted to exceed 2.2 billion by 2025. When the Apple Pay QR code was introduced back in 2017, almost all other smartphone companies followed the trend. ... read more →
Jan 07
Having to shell out your hard-earned revenue on processing fees can be a scary thought for most businesses. For business owners, it can be challenging to figure out the right solution to deal with this situation. According to a report by the US Bureau of Labor and Statistics, over 50%... read more →
Jan 04
Expanding your business can be an exciting process. While developing your brand, it is essential to consider the right payment options to facilitate your customers and simplify the sales process for them. A key part of the process is to explore the right payment gateway in Singapore. It may seem... read more →
Dec 29
With the progress of the digital payment industry, there are several online payment methods introduced for ecommerce businesses. The exponential growth of global businesses requires credit and debit card payments and alternate payment methods such as cashless transactions and business-to-business payments. Once a merchant establishes an e-commerce store, the next... read more →
Dec 27
The rise of e-commerce in recent years has led to the exponential growth of the digital payment industry. The ecommerce market is spread out globally. This is why merchants require online payment processing platforms to collect money from their international customers. Collecting cross-border payments is a prerequisite for almost every... read more →
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