Articles
When it comes to growth opportunities for digital payments, Indonesia is in a league of its own. The prospect of tens of millions of new digital payment customers is too much for digital companies and investors to ignore. Looking at the numbers, it comes down to a combination of three factors telling payment companies that the timing is right, right now, to move into Indonesia: E-commerce growth; the size of the prize; familiarity with everything online.
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Insights
23-Apr-18 436,000 Chinese tourists visited New Zealand in the 12 months to Feb-18 – more than any country except Australia. But local businesses are yet to make a few simple tweaks to align with how Chinese prefer to purchase products. [image: Smartpay]
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Insights
19-Apr-18 The People's Bank of China has issued an Announcement allowing qualified foreign-invested enterprises to apply for payment business licences under the existing legal regime applicable to domestically-owned entities. [image: TMTPost]
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Articles
In the Middle East, opportunities for innovation in payments are plentiful. More than 80% of brick-and-mortar retail payments and 65% of e-commerce payments are still made in cash. The region has all the makings of an ideal environment for safe, secure and convenient alternative payments. The Middle East presents a rare opportunity for digital payment innovators to access a populous and high-spending region with good levels of connectivity. [Image: ArabNet]
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Insights
12-Mar-18 Global payment gateway PayPal launched its Indian domestic payments service in Nov-17, and according to MD Anupam Pahuja, "cash continues to be among the biggest competitors... but India is going big on digital and cashless payments." [image: Paul Noronha / The Hindu Business Line]
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