This past year has been especially challenging for SMBs in the region, with International Data Corporation (IDC) reporting 70.6 percent of micro and SMBs forced to temporarily cease operations due to the pandemic.
In response, TikTok has introduced Shop Local Saturday, an initiative to...
In 2020, the Economist Intelligence Unit conducted a survey to measure the relative acceptance of digital currencies and other digital payment methods, finding that a cashless trend was strong with consumers globally.
In February and March of 2021, a new survey set out to...
hoolah, Asia’s omnichannel Buy Now Pay Later (BNPL) ecosystem, has announced its partnership with BridgerPay, a payments intelligence platform, to provide merchants across Singapore, Malaysia, and Hong Kong the opportunity to offer their customers to pay later in a way that is flexible, convenient, and transparent.
OCBC Bank now leverages Visa Commercial Pay mobile solution as part of its inaugural virtual purchasing card offering. The OCBC Virtual Purchasing Card enables businesses to digitalise and streamline all their payment requirements.
This solution provides real-time visibility of their employees’ spending on OCBC...
The Singapore Retailers Association has announced Lazada as the Official eCommerce Partner for the Great Singapore Sale (GSS) 2021, the first time in the 27-year history of the national event.
This year’s GSS takes place from 6th June, beginning with Lazada’s 6.6 sale campaign, and will offer shoppers four weeks of special...
Instead of bringing businesses closer to their customers, Singapore’s digital pivot last year has in fact widened the gap between what consumers expect of brands, and what businesses actually deliver.
According to the new ‘Heart Matters’ study announced by SAP, Singapore’s consumers find that...
The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) have launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems.
The linkage is the culmination of several years of extensive collaboration between MAS and BOT, both countries’ payment...
Although many small businesses in Indonesia were adversely impacted by COVID-19 in 2020, a strong focus on online sales and customer satisfaction should lead to a rebound in small business activity in 2021, according to CPA Australia.
CPA Australia's Asia-Pacific Small Business Survey shows the...
