Alibaba, an ecommerce company, has revealed its intention to start working with PayPal to expand payment options. The company is already talking with Apple about payments and may collaborate with eBay’s PayPal in the future. The China-based ecommerce operator is setting its sights on global expansion as it seeks to…
Indonesia, with its 250-million-strong population (far larger than many realise), also, unexpectedly, has a huge and growing jobs market. A recent report by McKinsey in September shows the country is on track to become the world’s seventh largest economy by 2030, ahead of the UK and Germany. Meanwhile, Indonesia’s Internet users are expected to hit 100…
Alibaba, an ecommerce company, has registered sales worth USD 2 billion in the first hour of Singles’ Day in 2014, the secondary market research agency yStats reveals. Moreover, the ecommerce company’s sales reached USD 9.3 billion during the whole Singles’ Day, and the total orders were 278 million, as compared…
The payments ecosystem has witnessed radical developments over the past decade. There are more than a dozen payment technologies driving numerous payment methods. The list of examples would seem never ending. Just to cite a few, there is Bionym which has come with a smart band for payments that uses…
Consumer demand for cash on delivery (COD) payment methods is holding back e-commerce in the Arabian Gulf region even as revenues grow, retailers said. “COD is an obstacle to growth and taking more risk,” said Hosam Arab, the managing director and co-founder of the fashion retailer Namshi, which has had…
Cash on delivery demand still holding back e-commerce growth in GCC Consumer demand for cash on delivery (COD) payment methods is holding back e-commerce in the Arabian Gulf region even as revenues grow, retailers said. “COD is an obstacle to growth and taking more risk,” said Hosam Arab, the managing…
Mit dem beginnenden Weihnachtsgeschäft wartet auf Online-Shops nicht nur die umsatzstärkste Zeit des Jahres. Während dieser Monate müssen Händler auch vor kriminellen Banden auf der Hut sein. Erst im August sorgte ein Angriff russischer Hacker für Aufsehen: 1,2 Milliarden Profildaten haben die Kriminellen gestohlen. Die Gefahr, Opfer eines solchen Verbrechens…