Top 11 Payment Gateways in Egypt You Should Know About
Egypt’s digital payment ecosystem has seen a remarkable 89% growth in 2022, with 35.6% internet penetration in the country. With a significant portion of its 90 million-strong population under 30 years of age, Egypt boasts one of the world’s largest eCommerce demographics. The government actively encourages various sectors, including schools, banks, hospitals, and retail stores, […]
Top 11 Payment Gateways in Thailand You Should Know About
E-commerce is booming in Thailand, with substantial growth over the years. According to a study by Google and Temasek, the Thai e-commerce market has shown a consistent compound annual growth rate of 7.7 percent since 2017, reaching an impressive $27 billion. This remarkable growth can be attributed to Thailand’s youthful population and their increasing preference […]
Demystifying Payment Tokenization | The Technology Transforming Transactions
In today’s digital payment landscape, “Tokenization” has taken center stage, driven by the surge in digital wallet usage, exemplified by platforms like Apple Pay, PayPal, and Gpay. This article delves into the intricacies of payment tokenization, exploring its implementation, underlying technology, and the advantages and drawbacks of integrating it into your payment infrastructure. Understanding Payment […]
Essential Payment Methods for Businesses in Vietnam’s Thriving E-commerce Landscape
As Vietnam emerges as a dominant player in Southeast Asia’s e-commerce arena, numerous companies are looking to tap into the opportunities presented by this dynamic economy of over 90 million people. However, navigating the complexities of doing business in Vietnam, especially when it comes to payment methods, can be a challenging endeavor. On a regional […]
10 Strategies to Enhance Checkout Conversion Rates in Southeast Asia
If you’re searching for proven methods to boost your checkout conversion rates in Southeast Asia, you’re in the right place. This article explores the unique eCommerce landscape of Southeast Asia, guides you on calculating your cart abandonment rate, and offers ten effective ways to improve your checkout conversion rates in this dynamic region. The eCommerce […]
The Importance of a Payment Orchestrator for Your Business | Web Technology Expert
The online payments landscape is in a state of constant evolution, which can bring both advantages and challenges for businesses. On one hand, new payment methods and technologies can enhance the ease of payment for customers. On the other hand, this ever-changing environment can pose difficulties for businesses trying to keep up, potentially leading to […]
Is Your Payment Gateway Unlicensed Under RBI’s Payment Aggregator Framework? Here’s What to Do
In recent headlines, payment aggregators such as Razorpay, Pine Labs, Stripe, and others have been making news for securing their primary payment aggregator licenses from the Reserve Bank of India (RBI). But what exactly is this payment aggregator license, and what should you do if your business relies on a payment gateway that is not […]
Exploring Key Payment Methods in the Philippines for Your Business
In the year 2022, the Philippines witnessed a significant surge in real-time digital transactions, with a total value of US$28,540.00 million. Furthermore, it’s projected that the average transaction value for ‘neo-banking’ users in the Philippines reached US$6.28k in 2022. Fintech innovations have ushered in a transformative era in commerce and retail, reshaping the landscape for […]
Demystifying Payment Processors: How They Operate
In today’s digital age, billions of transactions transpire within seconds, fostering seamless interactions between merchants, processors, card networks, and banks. Whether it’s an in-store terminal, an online web interface, or an in-office process, the transaction commences with the simple initiation of payment. Payment information embarks on a journey from the merchant’s processor to the card […]
Demystifying Payment Gateways | A Comprehensive Guide
Payment gateways have revolutionized online businesses by enabling them to accept payments from customers across the globe. The popularity of payment gateways has surged in recent years. However, the abundance of options can often make it challenging for business owners to make the right choice. If you’re grappling with this decision, this blog will guide […]