Asia

AliPay+ Transactions up 40% During Singles Day Shopping Event
AliPay+ Transactions up 40% During Singles Day Shopping Event
November 11, 2022  |  Digital Payments

During the 10 days leading up to China’s Singles Day shopping event, there was a 40% increase in the number of online transactions via the...

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Report: China’s Singles Day Retail Growth Expected to be Weakest Ever
Report: China’s Singles Day Retail Growth Expected to be Weakest Ever
November 11, 2022  |  Retail

China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a...

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Coupang Builds Momentum With ‘Milestone’ Q3 Profit
Coupang Builds Momentum With ‘Milestone’ Q3 Profit
November 10, 2022  |  Retail

South Korean eCommerce platform Coupang reported its first-ever profit Wednesday (Nov. 9), a landmark the company attributed to its investments in technology. “We achieved another...

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East-West Commerce Gets Biometrics Boost and Automated Compliance
East-West Commerce Gets Biometrics Boost and Automated Compliance
November 02, 2022  |  Cross-border Payments

The promise of cross-border commerce is always the opportunity to tap into new markets. But no two countries, or even markets within a given country,...

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JPMorgan Expands Merchant Services Offering in APAC
JPMorgan Expands Merchant Services Offering in APAC
October 27, 2022  |  Acquiring

Global financial services firm J.P. Morgan is expanding its merchant services capabilities in Asia-Pacific (APAC) and will be offering them in seven markets in the...

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WooCommerce, Payoneer Partner to Help Asian Merchants Sell Globally
WooCommerce, Payoneer Partner to Help Asian Merchants Sell Globally
October 24, 2022  |  Partnerships

eCommerce platform WooCommerce will soon make commerce payments technology company Payoneer’s Checkout plug-in available to its merchants across Asia, enabling them to start accepting payments...

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FTX Launches Branded Visa Debit Cards for Purchases
FTX Launches Branded Visa Debit Cards for Purchases
October 07, 2022  |  Partnerships

Cryptocurrency exchange FTX is collaborating with Visa to launch debit cards in 40 countries, with initial rollouts across Latin America followed by Europe and Asia....

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Data Brief: 52% Shopping Carts Originating in APAC Get Abandoned
Data Brief: 52% Shopping Carts Originating in APAC Get Abandoned
September 26, 2022  |  Payment Methods

With roughly 4.3 billion people living in the Asia-Pacific (APAC) region, stretching across more than a dozen countries, and with internet connectivity growing by leaps...

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Study: APAC Cart Abandonment Rises 32% Absent Localized Payment Methods
Study: APAC Cart Abandonment Rises 32% Absent Localized Payment Methods
September 13, 2022  |  Retail

At a time when cross-border sales are increasingly being targeted as a key growth opportunity for online merchants, new cart abandonment statistics show that expanding...

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