Payment in eCommerce: 9 tips for smooth checkout experience

TMO Group

Imagine a customer landing on your eCommerce website. First impression is quite good – interesting, but not outlanding design, beautifully picked colors, enticing images. It gets better as the customer continues. The navigation quickly takes them to exactly the page they need. Product images show exactly the qualities that the customer likes without the aftertaste …

Cash or Digital? South and Southeast Asian Payment Methods

TMO Group

We’ve said it before. Fragmentation is the name of the beast when it comes to the payment situation in South and Southeast Asia. With eCommerce booming in the region, it helps to dive a bit further in available methods. Will QR codes take over payments in these countries like they did in China? Today, we …

Cross Border Payment Solutions for China eCommerce: What to Choose?

TMO Group

How to get paid in China eCommerce? To pick the right eCommerce payment solution is also a very important decision to make for foreign businesses. You may already hear that instead of debit/credit cards, 3rd party online payment like Alipay and WeChat is the most widely used eCommerce payment in China. However, many are not …

Welcome to The Age of Mobile Payment in China

TMO Group

China’s mobile payments industry has entered a new and exciting phase, by reaching approximately 16.3 trillion yuan ($2.5 trillion) in 2015. Convenience, speed of transaction and discounts are the main factors encouraging the use of mobile payments over traditional payment options. Whether it’s buying plane tickets or ordering food deliveries or even paying utility bills, …

Japan Will Be WeChat Pay’s Next Destination

TMO Group

WeChat Pay has already expanded to Indonesia, Singapore & Thailand, and Japan will be the next destination. Chinese internet giant Tencent is partnering with Hotto Link, Japanese social data provider to expand WeChat Pay service to Japanese market. It is estimated that 10,000 stores in Japan will be connected to WeChat Pay by the end of the year. …

Three of Every Five Chinese Customers Use Online Payment Offline

TMO Group

While PayPal and other payment methods are still struggling to gain acceptance as ways to pay in U.S. stores, Chinese consumers have quickly adopted online payment solutions as major method to pay in offline stores and restaurants.   Three in every five Chinese consumers are using mobile wallets China is the world’s largest single mobile market, …

More Than 300K Offline Retailers Have Launched WeChat Payment

TMO Group

It’s been almost two years since WeChat, China’s most popular social platform enables WeChat users to pay with WeChat payment in offline retailers. During a WeChat Payment partner conference recently, The number of offline retail stores integrated with WeChat Payment has been revealed: over 300,000. According to the released data, over 200 million WeChat users …

Next Stop, Europe: Alipay to Expand to Europe This Summer

TMO Group

Chinese tourists to pay for things abroad will become much easier: starting this summer, Chinese consumers will be able to use Alipay in the U.K., Germany, France and Italy, as part of Alipay’s global expansion. More exactly, Alipay the phone app will recognize where the Chinese Alipay user is in Europe and send notifications about where to …

WeChat Pay FAQs: Everything You Need to Know

TMO Group

Comparing with Paypal and Alipay, WeChat pay is still relatively new to users out of China. With the wide acceptance of WeChat the social messaging platform, WeChat Pay has gradually become China’s most popular payment solutions in daily life. We talked about the latest news that WeChat Pay is going overseas and it will benefit cross-border …

6 Trends of Mobile Payment in the Future

TMO Group

In June this year, MEF released a report related to global mobile financial. It is as expected that mobile commerce and mobile payment is still increasing. More than 69% of mobile users have ever paid by mobile in 15 thousand mobile users from 15 countries. Generally speaking, mobile payment is widely used in developed country. It …