If you are an ecommerce solution provider, you most likely have utilized mobile payments in your store. Here we discuss whether such modes of payments are secure, and how you can set up your store to make the most of the experience.   Are such Mobile Payments Secured? In a single word, yes, mobile payments are secure. There are many available options such as PCI DDS, SSL, encryption, and others that create a secure environment for mobile payments. Sometimes, these methods can be much safer compared to even traditional card form of payments.   Why Mobile Payments Are Secure? There are several reasons why an e-payment technology through mobile is secure: It is much harder for a hacker to steal the data because in a mobile payment, such data is not transferred to the merchant. It is easy for customers to monitor their own account by using the app for

In this tough business climate, online retailers need to create interesting immersive experiences for their customers, without having any obstacles to purchase. When it comes to a mobile payment gateway, it plays a big part in the purchase process. In this article, we focus on mobile payments, what they are and how they work.   A mobile payment is essentially any payment that is made via a mobile device. Usually, the process is that customers enter their credit or debit card details into an online form while checking out. This remains the most common form when it comes to mobile payment solutions. However, many other methods are growing in popularity, such as PayPal, prepaid cards, bank transfer modes of payment, mobile wallets, cryptocurrency, as well as many others.   If you are an E-Commerce website, then there are three main types you should be aware of: Traditional payment forms: This

We live in the era of the internet. In addition to making the world a global village and connecting people across boundaries, its applications have revolutionised every sphere of human life. In business, the Advent of the internet was the precursor to the development of e-payment technology which is the reason for the global success of the e-commerce industry. During the initial years of its inception, e-commerce relied on 'cash on delivery' as a payment option. However, with the advancements in e-payment technology, payments can be made online not only for goods and services acquired online but also for payments in offline stores. With the help of payment solution providers, merchant's can now ensure that users have a hassle free and secure payment experience.   The Benefits of Online Payments Online payments have proven to be beneficial not just to customers but also to merchants. They do away with the

The generation of this day has much easier access to sell and purchase. Thus, there is an incessant need to speed up the process. Unlike the pre-internet era, the people of today intend to make transactions with the click of a button. The online payment technology makes this process easy and secure. A number of websites have popped up to ensure that customers can make various transactions and payments through a simple click. These payment solutions save you time and effort and often give moderate cash returns on certain payments. Along with these offers, online payment methods are comparatively more secure than the other modes. You can always trace your money thus, making it tougher to misplace your money.   Saves Your Time and Effort The option of online payment services has ensured that consumers save time by making their share of payments through their desk laptops or mobile phones.

Competition is an essential component of market dynamics. To stay on top of the race merchants must be well equipped with the latest technology and incorporate innovations into their business model. The advent of internet has revolutionized markets in that it has created a virtual market that spreads across the globe wherein merchants can sell their products and services. In order to be successful in today’s day and age, merchants must have an online platform where from customers can avail services and make easy and secure payments to procure the good or of their choice. This is where service providers of online payment services come into the picture. They help merchants navigate through the technicalities involved in online payment technology so as toensure to the users the best shopping experience possible.   What are Mobile Payment Gateways? Mobile payment gateways refer to the way in which monetary transactions are made

With the advancement in online payment technology, numerous online payment solutions have been available in the market. Merchants are increasingly preferring online payment options as they involve direct transfers from the customer’s bank to the merchant’s and does away with the need of maintaining heavy hard cash flow on a daily basis. In addition to this, customers also prefer online payments as the process of payment is quick, easy, secure and hassle-free. Thus, online payment solutions are beneficial not only to the merchants but also to the customers. Benefits to the Customers Any process that is easy to understand, quick to use is and ensures security of information is always preferred. Online payment services check all of these boxes. Merchants offer a wide range of payment options including payment via credit cards, debit cards, e-wallets like AliPay, China Union Pay, etc. This inclusivity ensures that the online payment service is

During the exhibition, we introduced PA’s innovative and seamless payment integration solution that including different payment methods and various E-Wallets to merchants who were looking for ways of maximising market share and sales. We further briefed the necessity of Omnichannel E-Business solution by showing PA’s prime products that comprising of digital marketing, E-Commerce consulting, E-Logistics businesses and artificial intelligence. Merchants responded positively by sharing their first-hand operation experience that reflecting their daily E-Commerce practices. We believe it is necessary to let merchants freely comment our products and services in order to keep the quality as high as we target. We would like to thank you to all merchants who remind us what they need, and we hope to meet all of you again in the future.READ MORE

The enormous development of contactless mobile payment methods renders consumers more choices on payment methods; but which one of them is the best payment system for the merchants? Trending on the Application of Mobile Payment System Is the popularity of mobile payment really that high indeed though you may have heard of many advertisements being published? According to the latest figures, 1.5 million and 1 million registered users have installed the apps of Alipay HK and WeChat Pay HK respectively. In another phone interview conducted by Hong Kong Productivity Council, more than 1,000 respondents were surveyed. More than 80% of them said they had heard of Alipay HK and WeChat Pay. And both companies own 40% of market share in mobile payment respectively. Moreover, Alipay announced that the per capita consumption of mainland tourists reached RMB 2,219 (HKD 2,549); the amount increased by 80% compared with the same period last

Payment Asia has been striving to provide online payment solutions to all merchants in Hong Kong. In view of the rising popularity of e-wallets in recent years, new products will be launched this year. Created by Payment Asia, the PA Pay App is designed for catering the need of payment collection in retail stores, and it supports Alipay mobile payment service. With PA Pay, merchants can reduce cash transactions, drop transaction costs, and lower account reconciliation risks, as well as to attract more mainland tourists to shop in Hong Kong, resulting in an increase of turnover. Easy Payment and Flexible Settlement Online payment has long been part of the consumer market in Hong Kong, while e-wallets have become a trend in the city. By using a single swipe, consumers can use their e-wallets to pay easily without going online. For offline merchants, PA Pay App provides instant notification and transaction

Together with the surge of Chinese economy, the advancement of China-based electronic payment gateway is not only dominating the domestic market, but also gradually changing the consumption and payment habit beyond its territory. Starting from a small branch of Alibaba, Alipay – now under Alibaba affiliate Ant Financial - is already the biggest gateway to the expanding China domestic and Chinese tourism market.  Payment Asia, a strategic partner of Alipay, is bringing the brand to the small and medium enterprises (SMEs) in Asia and other parts of the world. From China to the Globe Starting from the 21st century, the development of mobile payment in China catches the pace with the economy.  In 2016, the transaction volume of mobile payment in China was recorded more than $5 trillion [1], compared to the $11.2 trillion GDP in the same year [2]. While Chinese people becomes richer, they are more eager to travel abroad to

After successfully empowering enormous number of online businesses across geographies with its efficient and sophisticated payment gateway solutions, Payment Asia enables online businesses with E-commerce solutions which includes shopping carts, payment integration and many other resources. The E-commerce Edge E-commerce has largely shifted the focus of consumers from traditional physical shopping to online shopping. Big players within the E-commerce realm like Amazon and eBay have already proven to the world the power and success of utilising E-commerce and now, SMEs are routing towards using the E-commerce model given it is more affordable, reliable and user friendly. For example, The Shopping Cart function is easy to use and to maintain, giving consumers a direct pathway from selecting items to checkout and merchants a great way to manage its sales and relevant payments. Top Shopping Carts Available for your Business There are many successfully established E-commerce shopping carts available for SMEs. Some