30 Most Reputable Companies Of The Year 2018. Must Have Features for a Cryptocurrency Payment Gateway - Payment Asia. Providing Answers to all eCommerce Complexity - Payment Asia. 50 Most Admired Companies of The Year 2019. Virtual Account Management: A Smart Solution for Payment Collection. The last two decades have seen a significant evolution in online payment services; one such system is a virtual account.
The benefits include rationalization of accounts and simplified cash management structures. Here is a guide on virtual accounts (VA) facilitated by payment service providers to merchants. 50 Most Admired Companies of The Year 2019. The Industry Disruptors Redefining Innovation in 2019. Data analytics and chatbots provide new business opportunities for merchants. 30 Most Reputable Companies Of The Year 2018. Top 5 Reasons for the Growth of E-Banking in South-East Asia. E-banking or electronic banking is nothing, but banking done on the internet.
The number of account holders who opt for e-banking payments in South-East Asia has been on a steady rise owing to a host of reasons. Some of these reasons include the quick transfer of money, immediate invoice transactions, options to make recurring payments automatically at the due time, ease of use, and reduced transactional costs. Transfer Money, However Large the Amount, Instantly Physical payments involve a considerable time gap between placing the order and the transfer of the funds.
This time gap can prove to be risky, especially when larger amounts are involved, as there is always a possibility of theft. Online Payment Solutions: A Brief on Various Services. E-commerce has experienced substantial growth since the dawn of the internet.
Business to customer (B2C) is the most popular form of online business transactions. Many enterprises have online storefronts in addition to brick and motor ones these days, and some exclusively run on the internet. To gain a broader reach and utilize maximum potential, merchants prefer to operate on online platforms. Today, financial transactions are an inevitable business component. Keep These in Mind as You Set Up Your Online Payment Gateway. E-commerce is here to stay and with it, all of its perks, including online payments.
Business owners today must ensure that they equip their e-stores with the right payment gateway to ensure maximum efficiency and customer satisfaction. This will go a long way into ensuring the success of the e-commerce business. Figure Out Where You Want to Collect the Payments Online payment gateways can be designed to collect funds right on the e-store’s website. They can also be designed to redirect users to another website where the collection occurs. Ensure Compliance with the Prescribed Security Standards The internet can be a scary place.
Cost-Effective Solution of Electronic KYC CDD On-boarding. E-bank Payments and Payment Providers in Southeast Asia. Much quicker than expected the number of digital consumers in Southeast Asia is growing exponentially.
There is no doubt that the number of digital consumers in this region will reach several million in the future. The number of digital wallet payments facilitated by leading online payment providers in Vietnam and the rest of Southeast Asia is only going to keep rising in the near future. Take a look at some of the advantages you can enjoy with online or e-bank payments in SEA. Cashless Payments in Southeast Asia When it comes to a digital economy, China has been a clear leader in this regard. Recent Growth and Government Support Southeast Asian consumers are driving a digital payment revolution, which is all set to grow in leaps and bounds. Payment Asia: Comprehensive, Future-Proof E-Commerce Solutions.
Providing Answers to all eCommerce Complexity - Payment Asia. 50 Most Admired Companies of The Year 2019. Payment Asia — Online Payment Services and the Role of Banks. Contactless Payments are Here to Stay. Every day, we learn something new.
In the corporate world, innovation and adaptation are the keys to being successful. The same is applicable to the world of consumers. Consumers want what is hot, what is trending, and what is easy. What is the Contactless Payment? Contactless payment is a secure payment method where customers purchase products or services using a debit or credit card or any other device using near field communication (NFC). Offering Uncomplicated, Secure and Prompt Payment Processing Network to Domestic and Global Businesses: Payment Asia. Asia-Pacific is long considered to be a robust engine of global economy and trading, but until the late 1990s and early 2000s, either in Hong Kong, other parts of Greater China, or Southeast Asia, the region lacks payment gateways for facilitating intra and inter-regional trade.
To ride on the express of China business and Asian economic boom, a group of ingenious minds established Payment Asia (PA) in 1999, the era of Web 1.0. Payment Service Is No More about Payment Only If globalization means goods and services are simultaneously exchanged from one to another across the borders and regions rapidly, then the positive payment experience behind is the lubricant that is smoothing the transactions. We are living in an Internet-driven world where our daily activities are connected with smartphones, e-mails, social media and streaming media. “Our strategy is diverting customer traffic into merchants’ revenues, with the full of support of our qualified artificial technology (AI). Payment Asia Introduction. #paymentasiareviews - Review Payment Asia Hongkong. Evaluate Specific Payment Services Prior to Deciding on the Company.
Advantages of Mobile Payment to Sellers and Buyers. Popularity Of E-Commerce Platforms Resulting In Demand For Solution Providers. Merchants used to be quite wary of setting up e-commerce websites, unsure of how effective they really were.
Customers likewise traditionally preferred using cash to make their purchases. That scenario has drastically changed so that we now see every little trader and merchant setting up online portals to take advantage of a global clientele. E-commerce solution providers have become necessary to make it possible for merchants to receive payments from online customers. Online purchases have become the norm now with surveys confirming that more than 86% of customers use online payment methods such as credit and debit cards or even their smartphones to pay for their purchases. Data analytics and chatbots provide new business opportunities for merchants - ThePaypers. Redefining E-Business Management Company.
Digitalization’ has paved an entrance for many businesses to integrate with advanced technology.
Be it a healthcare or security, through digitalization many have coped up to gain a successful stature in respective industries. Why Retailers are Switching from Multichannel to an Omni Channel Payment Solution. Hong Kong’s e-commerce market has a huge potential and provides a huge opportunity for merchants.
Although most people are still quite content with the traditional methods of payments such as using a credit or a debit card, we see a gradual shift happening. There are many online payment gateways in Hong Kong that are slowly gaining popularity. The Technical Side of a Payment Service Provider that You Need to Know. Setting up a business can be quite confusing especially when it comes to implementing a payment system. It is especially important to choose the right partner to ensure the smooth functioning of the system which is cost-effective and one that ensures a good conversion. Before getting into the technical side, let us first see what exactly a payment service provider is. A payment service provider (PSP) acts as an alternative between the consumers and the suppliers and helps simplify transactions, while at the same helps connect merchants and various financial institutions, consumers and card brand networks. E-payments: Sustaining Businesses Amidst a Pandemic. Most industries have experienced record lows – from manufacturing to the service industry – however, the exact opposite has been observed in the online payments sector.
Statistics show that there is a massive increase in the volume of online payment usage. Merchants are encouraging their clients to use electronic payments because banknotes might help the spread of the virus. Contactless payments have come up as a new option for consumers who are conscious of following ‘social distancing’ rules, which translates to more people getting familiar and comfortable with using electronic payments. This means that more traffic and conversion will result in greater revenue – especially once the pandemic is over; an opportunity no one wants to miss. Payment Asia: Comprehensive, Future-Proof E-Commerce Solutions. Payment Asia Introduction.