All payment processing solutions do not provide you with the same capabilities and opportunities. Some partners will limit the potential for clients that you can bring on through your onboarding process. This will, in turn, limit your business potential by stopping you from working with some successful strategic accounts. Working with the right acquiring partner who can give you the most opportunity can push your payment solutions processing to the next level. Who are Acquiring Partners? Companies need to partner with an acquiring bank to achieve their goals. They assume that if they own or license some payment solutions software or payment gateway software product, they will be able to process credit and debit card payments. However, companies will require merchant accounts and some entity to underwrite them. A payment gateway is only one aspect of the payment process. An acquiring partner is a bank or financial institution that processes

Are you in search of a suitable payment processing solution for your commercial enterprise? A professional online payment provider in Vietnam can offer a range of solutions that will work wonders for your business. Here are four commonly used online payment solutions and their characteristics. Electronic Payment Cards The functionality of credit cards in online transactions is seamless, quick and independent of a user’s time and location. Cards are easy to obtain and use, as customers do not require any additional software or hardware to process them. The authentication procedure for cardholders is simple, with the specifications of a name, credit card number and expiry date. To ensure the security of the cardholder’s personal information, credit card companies have developed complementary systems such as MasterCard SecureCode and Verified by Visa. These systems enable consumers to create passwords and use them during online transactions. Debit cards are suitable for micropayments as

Blockchain technology and Bitcoin, in particular, is on track to change the financial landscape forever. Bitcoin already has made a huge positive impact in the global payments industry. Many big companies accept Bitcoin for their goods as a legitimate, valuable currency. Though still in its nascent stage, more and more individuals are able to fathom what this blockchain technology is capable of in terms of cheap and fast cross-border payments.   How to Accept Crypto Payments? There are a number of ways for a merchant to start accepting cryptocurrencies for his business. Some methods are elaborate and allow space for customization, while others are simple and require very little effort. Below are four ways.   Module Integration Module integration is the easiest and most flexible option that is ready to go by integrating a plug-in via the preferred e-commerce platform. Installing a cryptocurrency payment plug-in is not very difficult at

Looking to improve your B2B commerce strategy? Southeast Asia’s online payments open the doors for businesses looking to grab bigger opportunities in B2B sales. This type of payment processing allows B2B merchants to meet the expectations of their business customers with flexibility.   Availability of More Data Processing online transactions provide more information about a payment compared to usual invoicing using checks. With relevant and meaningful information about your customers, you can protect the payments you process and improve your marketing strategy. By enlisting the help of payment gateway providers for level 2 and level 3 B2B processing, you can gather additional information, such as sales tax amount, zip code, tax amount and ID, team commodity code and more. As a B2B customer, you can be assured that your payment information is secure and will not be misused in any way. To a large extent, you can reduce the interchange

We are glad to announce we are having a LED billboard display at 67 Argyle Street. Welcome to take a snap when you are in Mongkok! We will offer a special package for merchants during $5000 consumption vouchers periods. Our payment solution supports MasterCard, AlipayHK, WeChatPayHK and UnionPay Mobile QuickPass and QR code in one POS terminal. If you are seeking payment solutions, please feel free to reach out to us for more details! Tel：3008 8337 Email：[email protected]READ MORE

Are you looking for online payment solutions in Thailand? The good news is that there are several options available which can significantly boost your business and your bottom line. To get started, let’s look at what is online payment processing. This happens when a customer makes a purchase and presents card either physically, over the phone or through an ecommerce site. The bank information is processed, and payment is made through a payment processor.   In order to augment your business and make it more profitable, it is essential to look at your payment strategy. Choosing the best payment strategy for your business is important. Here are some tips to help with that: More Than Credit Cards There are online payment solutions these days and hence you can expect the customer to use payment methods other than credit or debit cards. Today, there are various methods of payment. Make sure

With the onset of the COVID-19 pandemic, restaurant businesses all over have taken a huge hit. The major setback for restaurants has been in terms of being forced to shut down their dine-in option. This decision was taken to adhere to the social distancing protocols and other restrictions on public gatherings placed by governments in different countries across the world. Restaurants in Southeast Asia have faced the brunt of this situation with devastating effects on their business.   How Can Your Restaurant Survive? Customers are moving towards mobile app payment for all purchases. This is safe and convenient given the quick spread of the COVID-19 virus from person to person. If you are a restaurant owner in Vietnam, you must take some proactive steps in order to survive and thrive during these unprecedented times. Small local restaurants and businesses are the ones most affected by the current pandemic situation. Your

The world as we know it has changed forever with the onslaught of the COVID-19 virus. One of the biggest changes that have emerged from this pandemic situation globally is the need to avoid direct as well as indirect contact with people and maintain social distancing as much as possible. This is applicable for every activity we do including shopping and making payments.   What Change has This Caused in Consumer Behavior? Consumers now prefer to shop online for all their needs as it poses fewer risks. The convenience of e-commerce shopping is more than the lure of stepping out of your home and shopping. This has led to a much higher numbers of contactless payments made through various payment gateway providers especially in Southeast Asia as well as other parts of the world. These payments are made through e-wallets and credit or debit cards that are contactless-enabled. The current

Using a cryptocurrency payment gateway is a quick and secure mode of receiving or making online payments. It is becoming increasingly popular these days in our fast-paced technologically advanced society. Cryptocurrency is cost-effective and convenient compared to traditional payment methods. With cryptocurrency, you can reduce chargeback risk as payments made cannot be reversed.   What is Cryptocurrency?  Cryptocurrency is a virtual or a digital form of currency which works through a distributed ledger technology. This computerized blockchain is used as a public financial database for all crypto transactions. They are typically implemented using decentralized control. The database uses powerful cryptography to ensure all transaction records are secure, to control the minting of coins and also to verify coin ownership transfer from one person to another.   What is Cryptocurrency Payment Gateway? A crypto payment gateway is an intermediary facility created for payments between a customer and a business. This service

Philippines is one of the countries in Southeast Asia with high penetration of mobile devices, which is close to 70% of its 107 million population. Payment solutions in the Philippines cater not only to those who have mobile and online banking access, but also to unbanked Filipinos. Top payment gateway providers in the Philippines serve as the middleman who bridges the gap between merchants and their clients. They aim to provide the most convenient way and widely used payment solution in the Philippine market. Increases in Investment into E-commerce Development The Indonesian government is currently trying to develop an e-commerce development plan for helping more e-commerce businesses to thrive. Their plan is to promote entrepreneurial spirit within Indonesia so that they can develop the digital economy of the country. Because of the backing of the Government, there are many major investors who are investing their money into Indonesian E-commerce platforms. There

The Vietnamese government has launched a financial scheme for the development of non-cash payments, which aims to reduce the ratio of cash transactions to 10% and have at least 70% of its population with a bank account. Leading online payment providers in Vietnam, offer an array of payment options to meet the growing demand of the merchants in this market. Virtual Account Solution Support more than 10+ Vietnamese banks Receive payments within seconds Alternative Solution Provide a variety of payment options such as E-wallet, ATM online, and QR code payments Support OTC banking options on an approval basis  A Rise in Economic Growth  Vietnam is home to close to nearly 60% of people under the age of 35. This creates a force that is not just young, earns well but is also comfortable with technology. The abundance of youth ensures that there is a growing demand for online shopping and business.

Thailand being one of the fastest emerging markets in Southeast Asia, has a direct correlation with regard to their sophisticated mobile payment solutions. Different online payment solutions in Thailand have risen in popularity over the past couple of years. For example, payments done via a mobile device are now used in multiple verticals and have become an indispensable option in the Thai market. Leading providers of payment solutions recognize this demand and assure clients that their solutions come with excellent client service and complete coverage of all the banks in Thailand.   Ease of E-Payments and Social Media Rise The rise of the younger generation has played a vital role in the popularity of online marketing and business. In the fast-moving business market, service providers are aware that both local and international players are actively participating to adopt e-payment as a preferred mode of payment. The use of the Internet

Indonesia has the largest economy in Southeast Asia, with its e-commerce rapidly growing through the use of digital payment methods. Indonesia's mobile commerce alone has a projected value of $31.5B by 2021. This is due to the rapid increase in mobile phone users. Companies that offer payment solutions help merchants accept mobile payments and online bank transfers through the use of Indonesia online payment gateway. Besides online bank transfers, they also have virtual account solutions, which are also popular in the Indonesian market. These companies can help you set-up your merchant account and be part of this growth. Take a look at why e-commerce in Indonesia is growing exponentially over the years! Supportive Government Regulations The Indonesian government has been quite supportive of online payments and business. The new regulations and policies put in place ensure that e-commerce becomes a part of social behavior. With an Indonesia online payment gateway, consumers

Technological developments in information technology and telecommunications have set an electronic revolution in the Malaysian banking sector. The leading e-commerce payment method in Malaysia is bank transfer, which is about 46% of all e-commerce payments. As they continue to embrace the norm of the society to use cashless payments, providers of innovative online payment solutions in Malaysia have paved the way for a seamless and secure online banking experience. They will significantly contribute to the growing digital economy of Malaysia in the next years to come. The country of Malaysia has been growing from strength to strength in its endeavor to boost e-commerce and digitization of payments and business. Innovations, active participation, and fresh ideas from the younger generation are driving this growth. This has resulted in better internet facilities and a wider scope of trade relations with its neighboring countries.   Increase in the Use of Electronic Payment Numerous

The business world has witnessed how payment methods have evolved over the past two decades and has managed to adapt to the digital advancement of the payments industry. Today, merchants of all categories chose online payment solutions to play a big role in their expansion into new markets in Southeast Asia. E-wallets, online banking, QR code, online bank transfers, and virtual accounts are the online payment solutions that are commonly offered to merchants. With the use of online payment solutions in Southeast Asia, merchants are guaranteed to reduce costs and maximise profits.   Cut Costs and Invest Smart  With the tremendous potential of e-commerce, there is no need to invest in a physical store, infrastructure, or inventory. With these large investments out of the way, you can concentrate on setting up a strong digital marketing team. Digital advertising is fairly easy to adjust according to budget and is a powerful,