Category: e-commerce

Visa calls on APAC payments industry to adopt tap to phone solutions

Tap to pay via the smartphone is a quick and easy way to make contactless payments. However, businesses are slow in adopting tap to phone solutions even though 55 percent of Asia Pacific consumers surveryed are willing to use this mode of payment.

Huawei unpacks enhanced live streaming solution for merchants

Photo by Andrea Piacquadio from Pexels

In the midst of the pandemic, e-commerce is thriving and creating opportunities for many. At a webinar for developers last week, Huawei unveiled an enhanced live streaming solution that can help merchants and e-commerce platforms tap this fast growing market, which raked in US$3.46 trillion in 2019.

China: Quick adopter, widespread use of technology

By Edward Lim

In the early 2000s, I visited Beijing for the first time and was amazed to see a taxi using a global positioning system (GPS) to get me to my destination. To put things in perspective, this was before the arrival of smartphones and GPS wasn’t even used in Singapore.

Online marketplace Honestbee launches brick-and-mortar Habitat

It’s interesting how trends keep evolving. In the past decade or two, many supermarkets have opened up online stores to cater to changing consumer demands. On the other side, new companies set up online stores to challenge these traditional players. Yesterday, one of these, Honestbee, took the reverse route by setting up Habitat, its first brick-and-mortar outlet in Pasir Panjang, Singapore.

Singapore launches unified payment QR code

The number of QR codes for payment is akin to the number of credit card offerings in the market — it keeps growing, making it more of a hassle than convenience for merchants and consumers. The Monetary Authority of Singapore (MAS) has stepped in to solve this problem with the launch of the Singapore Quick Response (SGQR) Code.

Tantalising line-up of speakers at NVIDIA AI Conference

More than 1,000 participants attending the NVIDIA AI Conference in Singapore next week are in for a treat as the organisers are bringing in a tantalising line-up of speakers.

The two keynote speakers are Dr David B Kirk, NVIDIA Fellow and inventor of more than 60 patents and patent applications relating to graphics design; and Dr Wanli Min, AI scientist of Alibaba Cloud, who will touch on A Revolutionary Road to Data Intelligence.

Besides these two, there are special guest-of-honour Chng Kai Fong, Managing Director of Singapore’s Economic Development Board, and a panel discussion on AI for the Future of Singapore Economy.

E-commerce to account for a quarter of retail sales by 2025

Greater internet and mobile device accessibility are driving e-commerce growth in Southeast Asia.

According to ABI Research, Smart Retail has gone through revolutionary changes in the past 10 years and will exponentially continue to do so going forward.  Brick and mortar stores are no longer the only option for consumers across the globe to make their everyday purchases, due to significant advancements in technology, both in-store and online.

Key players include Senion, who implements some of the world’s largest Indoor Positioning System (IPS) solutions to enhance in-store experiences, and AisleLabs who provides shopper traffic behavior analytics to help retailers optimise store layouts.  Leading POS software vendors, Shopkeep and Square are allowing retailers to sell across multi-channels from a single platform. These and other key vendors are paving paths to making the offline and online worlds seamless experiences.