APAC

Study: APAC Cart Abandonment Rises 32% Absent Localized Payment Methods
Study: APAC Cart Abandonment Rises 32% Absent Localized Payment Methods
September 13, 2022  |  Retail

At a time when cross-border sales are increasingly being targeted as a key growth opportunity for online merchants, new cart abandonment statistics show that expanding...

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US Merchants Now Get 14% of Sales From APAC-Based Consumers
US Merchants Now Get 14% of Sales From APAC-Based Consumers
September 06, 2022  |  International

Cross-border commerce is becoming increasingly vital to merchants’ top line momentum. Nowhere is that more apparent than in the report “The Emerging APAC Opportunity,” done...

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India Backs Recurring ePayments on Utility Bill Platform
India Backs Recurring ePayments on Utility Bill Platform
September 01, 2022  |  Digital Payments

The Indian government will support free electronic transactions under Bharat Bill Pay Systems (BBPS), and could end up cracking down on companies charging fees, Economic...

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70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
August 31, 2022  |  Cross Border Commerce

The Asia Pacific (APAC) region is key to the international growth strategies of countless eCommerce merchants across the United States, the United Kingdom and Canada....

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Indonesia, Singapore Team on XBorder QR Code Payments
Indonesia, Singapore Team on XBorder QR Code Payments
August 29, 2022  |  Cross-border Payments

Bank Indonesia and the Monetary Authority of Singapore (MAS) have begun working on a cross-border QR payment method between Indonesia and Singapore, a press release...

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India’s ICICI Bank, NPCI Launch Contactless Cards
India’s ICICI Bank, NPCI Launch Contactless Cards
August 29, 2022  |  Credit Cards

India’s ICICI Bank has teamed up with the National Payments Corporation of India (NPCI) to launch a series of credit cards on local payments network...

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Stake CEO: Japan Should Lower Crypto Tax
Stake CEO: Japan Should Lower Crypto Tax
August 08, 2022  |  Cryptocurrency

 Japan should lower corporate taxes on cryptocurrencies to retain its base of entrepreneurs, one of the country’s leading crypto business people said Monday (Aug. 8)....

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Alibaba Gets Closer to U.S. Delisting
Alibaba Gets Closer to U.S. Delisting
July 29, 2022  |  eCommerce

China’s Alibaba is getting closer to being removed from American stock exchanges in response to Beijing’s refusal to let U.S. inspectors examine the company’s audits....

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South Korea’s Crypto ‘Kimchi Premium’ Suspected in $3.4B FX Investigation
South Korea’s Crypto ‘Kimchi Premium’ Suspected in $3.4B FX Investigation
July 28, 2022  |  Cryptocurrency

When people talk about illicit Korean cryptocurrency transactions, people tend to think of North Korean hackers stealing billions in bitcoin to fund the country’s nuclear...

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