How PSP Made Purchasing Process Easier

Online payment service providers(PSPs) give shops a medium of accepting payments online through different payment methods, including credit card and bank transfer. The Internet brought the e-commerce industry and it has totally redefined the way products/services are bought and sol...

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Embracing disruptive technologies strengthens payment solutions

Asia Pacific region (APAC) is home to over 4.2 billion people comprising nearly 62% of the world's population. The APAC region has two of the world's largest populous countries on Earth - China and India. In 2015, the e-commerce market transacted nearly 900 billion dollars’ worth of sales. This figure is slated to reach nearly two trillion dollars by 2018. India, China followed...

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There are two distinct reasons that are attributable to the rise of E-commerce. The first undeniably is globalization. Competition across borders has now become trade without borders. Trade agreements between countries now become trade between regions. The TPP (Tans Pacific Partnerships) between countries encircling the Pacific or TAP (Trans-Atlantic Partnership) is the forerunner...

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Businesses can suffer losses but should never lie

The challenge of almost zero transaction fee is perhaps on the cards for payment solution providers such as Union Pay and Alipay in China, Payment Asia in Hong Kong and Amazon Pay and PayPal the world over. This strategy has yet to be put into practice but it is a strategy that many of the payment solution companies are toying with. The trend was set in 2003 when Taobao.com...

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