Expansion into the Asia-Pacific (APAC) region remains difficult because eCommerce merchants aren’t offering local payment methods. This came through clearly in the new study “The Emerging APAC Opportunity: Local Payment Methods Edition,” a PYMNTS and Citcon collaboration, where 500 executives surveyed said lackluster localization is...
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours...
Veea Inc. has announced a strategic partnership with CITCON, a cross-border mobile payment company, that will make Alipay and WeChat Pay available to more U.S. merchants. Businesses that use VeeaPay will also be able to accept Alipay and WeChat Pay payments. In addition, businesses can...
December 06, 2023
Wei Jiang, co-founder, president and COO at Citcon, told PYMNTS in a recent interview that the travel rebound is a long-standing trend — and one that benefits merchants savvy enough to accommodate the payments needs of consumers coming from abroad. For many retailers in North America who had counted (and still count) consumers from the Asia-Pacific […]
December 27, 2022
Expansion into the Asia-Pacific (APAC) region remains difficult because eCommerce merchants aren’t offering local payment methods. This came through clearly in the new study “The Emerging APAC Opportunity: Local Payment...
November 11, 2022
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown...
May 17, 2018
Veea Inc. has announced a strategic partnership with CITCON, a cross-border mobile payment company, that will make Alipay and WeChat Pay available to more U.S. merchants. Businesses that use VeeaPay will also be able to accept Alipay and WeChat Pay payments. In addition, businesses can promote their venues through the VeeaConnect platform, and consumers can […]
