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Payment Asia is renowned online payment solution provider company in Hong Kong, China that provides robust e-payment systems for easy and secure online payment processing.

Capturing New Customers With Online Platforms

Friday, November 25, 2016


Having an online business is not an option anymore for any businessman.  The only way to go ahead is by creating an online platform that opens your business out to an international audience.  People today are driven by the internet, decisions are taken based upon research on the internet, and executed using the internet.  Online business supports the traditional business of a merchant.  An online business, to be successful and to attract customers, must have an easily navigable site.  Most importantly, the business must have an online method of payment that is quick and safe.  Payment Asia and other business payment solutions companies help online businesses with their online payment processes.
Electronic business payment solutions companies such as paymentAsia support online firms by offering them a variety of payment options.  Browsing customers are attracted to online firms that are attractively built.  The color schemes used must be attractive and the text easy to read.  The text and content must be legible and communicative.  Browsers generally move off sites that are difficult to navigate.  The intention of every merchant is to convert casual surfers to active purchasers.  The information that the visitors require must be quickly available with the minimum clicks.  Minimizing graphics ensures the site loads quickly.  Graphics and images are necessary but only to support the content.
Choosing The Right Payment Solutions Provider With Online Reviews
Business owners who want to go online must go through reviews of different payment solution providers such as paymentAsia online reviews to make the best choice for their business.  Quick payment methods are necessary to convert visits to sales.  After browsing through the website and making purchases, if the user finds the payment process long and tedious he is likely to quit your site quickly.  Moreover he is also likely to pass on his comments to others through online reviews like Payment Asia reviews which is why the business owner must have full control of the checkout process to have a successful business.  A study of website visitors and their payment habits will help to capture more customers by offering them their preferred methods of payments.

http://paymentasiareviews.weebly.com/home/-capturing-new-customers-with-online-platforms


Jiu day is key takeaway for innovative marketing strategies

What is the key take away from the Chinese word "Jiu". The word denotes September 9 (month and day); it also denotes as “wine day”; Alibaba's Tmall offered 100,000 wine offerings online on Sep 9, 2016 beginning a new marketing strategy. The expectation by Alibaba is to attract over 25% of its active buyers to the online wine festival. Twenty-five percent is equal to 100 million potential buyers. This is huge and unprecedented.

Payment solution providers such as Alipay, Union Pay and Payment Asia are all geared up to handle this bonanza. This strategy is going to kick off other marketing strategies by not only payment providers but also other e-commerce portals in leveraging cultural-centric festivals linked to online shopping.
Payment Asia review systems are at the forefront of data analysis that gives them valuable insights into the likes and wants of customers. Customer interaction via social media is acting as the biggest enabler. This data centric approach has already paid big dividends as paymentasia provides one of the best secure transaction experience for e-commerce as well as merchant vendor accounts.. In a recent paymentasia review it came to light that security was a very big concern when the news of the big bank heist (fraudulent bank transfer of Bangladesh Bank via the SWIFT network in Feb 2016) came to light.

The conversation in other payment solution providers also figured high with this trending topic, which lasted for about six months. Social media acted as an unspoken guardian keeping the payment gateways on their toes as they increased vigilance and tightened security measures. The result has been no reporting of any further fraudulent breaches although it is well-known in industry that no bank or payment provider will come forward in reporting such breaches.

How Jack Ma is inspiring payment solution business

Thursday, November 24, 2016

Open source technology is a key driver in Asia's e-commerce growth. Several small startups have brought innovative solutions allowing small companies to be agile and become digitally smart by embracing technologies that are simple but resilient. The access to technology without major investment in large platforms has allowed smaller startups to bridge the digital divide and gain the attention of customers. In this regard the example of Alibaba is a textbook case of being a technology enabler. The story of Jack Ma's rise has been told countless times. However, it is his vision of helping SMEs (small and medium enterprises) as the key to facilitate more trade across Earth that is the untold story.

To that extent Alipay along with Union Pay and Payment Asia is driving payment solutions in Asia and South East Asia. Next stop is the West. The lesson he has passed on to other payment solution providers is to be in love with government but not to get into bed with them (meaning marry them). Paymentasia has taken this philosophy into practice as they are experimenting with cryptocurrency (such as Bitcoin) as a legitimate way of payment. Not many governments understand cryptocurrency. Singapore has just passed legislation and established a council to better understand the dynamic. Paymentasia review has welcomed this step from the gaming community. Other Payment Asia reviews have expressed their support for this proactive step of introducing Bitcoin transactions.

This example is akin to Jack Ma helping the Chinese government solving the perennial ticket vending system problems of China's annual spring festival. Jack Ma and his team at Alibaba did not charge the Chinese Government any cost for the services. Their payment was zero supervision by the Chinese government. The word supervision is used to denote "not looking over their shoulders".

Challenges of trust issues for ride sharing business

Wednesday, November 23, 2016

The recent news of Indonesia Government legislating regulations for ride sharing technologies in the country points to changes in the mindset of Government. Technology is a disrupter; the veracity of this statement is indisputable; people are slow to embrace change. It is a simple matter of trust. The citizenry are not fools to depend on a device in their hands and see the money go from their accounts.

The culture of cash and barter is still very strong in countries that are now called as the "Emerging Economies" Vietnam, Indonesia, Thailand, Myanmar Philippines, Cambodia, Laos and India (the second largest populous nation on Earth with over 1.25 billion) belong to this club. They are learning from the mistakes made by the pioneering trend setters in the West, refined in the Far East by Japan, South Korea and China and are ready for this disruptive technology to drive GDP (Gross Domestic Product) growth.
Payment Asia is a leading payment solutions provider in this region and has partnered another leader in the ride-sharing domain such as Grab Taxi. Paymentasia reviews is a leading social media platform in Indonesia that has allowed conversations to fly back and forth and the main topic is "can we trust our money with this ride sharing organization?"

Data analysis by Payment Asia reviews team which has plenty of experience in forecasting trends have understood the power of focusing on trust. Their main goal of not shortchanging a customer irrespective of the size of the transaction is paramount. Paymentasia have drilled into every member of their organization this dictum of ' a single false transaction discovered is enough to create doubt for every true transaction". It is in the nature of the beast; the beast being human nature to question bad judgements call and not talk about the thousands of good judgements.

How Jack Ma is inspiring payment solution business

Thursday, November 17, 2016

Open source technology is a key driver in Asia's e-commerce growth. Several small startups have brought innovative solutions allowing small companies to be agile and become digitally smart by embracing technologies that are simple but resilient. The access to technology without major investment in large platforms has allowed smaller startups to bridge the digital divide and gain the attention of customers. In this regard the example of Alibaba is a textbook case of being a technology enabler. The story of Jack Ma's rise has been told countless times. However, it is his vision of helping SMEs (small and medium enterprises) as the key to facilitate more trade across Earth that is the untold story.



To that extent Alipay along with Union Pay and Payment Asia is driving payment solutions in Asia and South East Asia. Next stop is the West. The lesson he has passed on to other payment solution providers is to be in love with government but not to get into bed with them (meaning marry them). Paymentasia has taken this philosophy into practice as they are experimenting with cryptocurrency (such as Bitcoin) as a legitimate way of payment. Not many governments understand cryptocurrency. Singapore has just passed legislation and established a council to better understand the dynamic. Paymentasia review has welcomed this step from the gaming community. Other PaymentAsia reviews have expressed their support for this proactive step of introducing Bitcoin transactions.



This example is akin to Jack Ma helping the Chinese government solving the perennial ticket vending system problems of China's annual spring festival. Jack Ma and his team at Alibaba did not charge the Chinese Government any cost for the services. Their payment was zero supervision by the Chinese government. The word supervision is used to denote "not looking over their shoulders".



Embracing trust empowers payment solutions strategies

Friday, November 11, 2016

From B2B (business to business), B2C (business to customer) marketing strategies is now focused on D2C - direct to customer. The growing power of e-commerce is empowering customers in a way that was unimaginable just a few years back. The transformation has become so swift that many a business that has not realized the power of direct interaction with customers has been left to flounder like a sea bass at the end of a fishing line.



It does not matter whether the business is a consumer product or a ride sharing service or a payment solutions provider. E-commerce is embracing products and services alike as customer analytics have proved. CSAT metrics (customer satisfaction) is the yardstick that has crossed the boundaries of being just a number. It is more than that. Customer’s wants and needs is the hidden underlying layer in data analysis that is helping businesses to grab the attention of customers.

How to understand this underlying layer

Payment Asia is an established online payment solutions provider. They are headquartered in Hong Kong having started business in 1999. For a decade they had only to contend with the likes of PayPal, VISA, MasterCard and a few other international payment gateways. Merchant establishments in South East Asia were hesitant to adopt online transaction services.



The fact of the matter lay in the cash cultural mindset of most cultures in Asia unlike the credit based culture of West. To bridge this cultural divide embracing trust issues was and is still a Herculean task. Although the majority of the large population has switched over to smartphones not all have adopted their hard earned money to online services.

Payment Asia reviews analysis have shown that S..E. Asia picked up online transactions post 2008 mainly due to trust buildup by paymentasia strategies of ensuring secure online transactions.. #paymentasiareviews is a major trending site that reveals how the people in Asia started to respond to services such as payment solutions, which work silently in the background. 



This pioneering effort has seen the rise of new giants in payment solutions such as Alipay, Tencent, Paypal and a number of other entrants. The success of ride sharing aggregators in South East Asia such as Grab Taxi in Singapore and ride sharing giant DidiChuxing in China is a direct result of the Asian diaspora putting their trust in online payment services.



Challenges facing payment solutions

Thursday, November 10, 2016

The biggest challenge facing the E-commerce industry is not growth but securing growth; validating customer's security is the main challenge. The attention span of the shopper is now in single digit (seconds) cycle and the service provider who can shave this time down will emerge the winner. The formula-car engineering paradigm is being accorded the highest priority.



Payment Asia review is used more to quantify metrics of customer experience by this leading payment service provider Payment Asia. They are experimenting with other modes of experience as is Alipay the Chinese giant with facial recognition. Biometrics is already a part of emerging technology with Applepay including the technology; they have a disadvantage of using this fingerprint technology only on their devices (that run the iOS); with over 65% of the world on the Android platform fingerprint biometric needs better adoption. MIT Labs has succeeded in gesture technology such as Gestures Everywhere that involves gesture recognition classifying movement such as signature in the air. The concept is simple and brilliant. It has been proved that signature of a person is unique and distinct. Paymentasia has always identified secure transactions as the primary driver in their strategies.



Imagine the following scenario. You want to buy the latest smartphone by gesturing at the app, AI (artificial intelligence) algorithm presents you a choice understanding your present need is a smartphone (based on earlier searches and through social media integration). From a drop down list you gesture at the device and proceed to checkout. You blink your eyes three times (for iris biometric) close to the camera on the phone and air signature gesture (for validation). The payment is successful, a message is instantly relayed to a waiting drone that takes off, and within 30 minutes, the drone gently airdrops the package containing your phone. You gaze into the hovering drones’ camera for confirmation and the drone takes off. This is not science fiction. The technology is already tested; it is only waiting for government regulators to assess how much they can levy atax for the service.



 
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