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Chinese Consumers Prefer Local Payment Methods When Shopping Online

Chinese Consumers Prefer Local Payment Methods When Shopping Online
Chinese Consumers Prefer Local Payment Methods When Shopping Online
December 27, 2022  |  eCommerce

Expansion into the Asia-Pacific (APAC) region remains difficult because eCommerce merchants aren’t offering local payment methods. This came through clearly in the new study “The...

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Localized Payments Slam Brakes on APAC Cart Abandonment Rates
Localized Payments Slam Brakes on APAC Cart Abandonment Rates
December 19, 2022  |  Payment Methods

Merchants expanding into the APAC region are discovering the power of local payment methods. In the latest report examining this, “The Emerging APAC Opportunity: Local...

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Cart Abandonment Rates Top 60% in APAC Region 
Cart Abandonment Rates Top 60% in APAC Region 
December 08, 2022  |  Consumer Insights

Offer local APAC payment methods or learn to live with high cart abandonment rates. That’s the memo to U.S., U.K., and Canadian firms trying to...

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Western Merchants Deeply Lacking Knowledge About APAC Payments
Western Merchants Deeply Lacking Knowledge About APAC Payments
December 01, 2022  |  Cross-border Payments

Local FinTech wallets are a key part of the Asia-Pacific (APAC) eCommerce ecosystem. Whether Alipay in China, Paytm in India, Kakao Pay in South Korea...

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If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
November 11, 2022  |  Retail

Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s...

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APAC Opportunity Beckons for More Than a Third of SMBs
APAC Opportunity Beckons for More Than a Third of SMBs
October 24, 2022  |  SMBs

Tech-nimble enterprises with top line sales of up to $100 million see the Asia Pacific region as their next big greenfield opportunity, at a time...

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500 Global Sellers Weigh In on the Value of APAC Expansion
500 Global Sellers Weigh In on the Value of APAC Expansion
October 18, 2022  |  Cross-border Payments

Asia Pacific (APAC) is a key strategic region for countless international eTailers. Thirty-eight percent of merchants across the United States, the United Kingdom and Canada...

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Global Sellers Localize Payments to Convert Abandoned Carts in APAC
Global Sellers Localize Payments to Convert Abandoned Carts in APAC
October 17, 2022  |  Payment Methods

Unlocking potential in the burgeoning market for luxury goods in the Asia-Pacific region isn’t a job for payments lightweights. It’s serious business with major challenges....

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