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Insights
25-Sep-19 Morocco’s e-commerce market is growing at 40%, according to AMI and Global Growth Markets. Payment preferences differ - 96% of online retail transactions are cash payments, whereas cards and digital payments dominate online travel and accommodation purchases. [image: Shutterstock]
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19-Sep-19 Google is bringing Google Pay to businesses in India as it rushes to maintain its lead. “India has more than 60 million small and medium-sized businesses, however only a fraction of them support digital payments," said Ambarish Kenghe, product manager. [image: TechCrunch]
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05-Sep-19 China’s new digital payment infrastructure - face recognition - could make even QR codes seem old-fashioned. Customers simply pose in front of POS machines equipped with cameras to pay. Alipay will spend USD420 mn on the technology by 2022. [image: Asia Times]
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25-Mar-19 Online shopping platform Lazada and Mastercard announced a five-year partnership to develop Southeast Asia's e-commerce ecosystem. The duo will develop marketing and education campaigns to increase consumer confidence, as well as reward schemes to incentivise use of digital payments. [image: Mastercard Newsroom]
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14-Mar-19 Alipay and Barclaycard - which processes half the UK's card transactions - have collaborated to allow UK retailers to accept Alipay. 483,000 Chinese tourists will spend USD1.33 bn in 2019. The UK also has about 493,000 Chinese residents and students. [image: Alizila]
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