Breaking News
Ecommpay Empowers Global Businesses to Unlock the Asian Market
Ecommpay Asian APMs enable businesses to capitalize on Southeast Asia’s booming digital economy with a wide array of local alternative payment methods. This region’s growing demand for modern payment options presents huge potential for global merchants expanding into Asia.
Some of the most popular APMs available through Ecommpay include FPS QR in Hong Kong, OVO and QRIS in Indonesia, TouchNGo and Online Banking in Malaysia, GCash, GrabPay and QRPh in the Philippines, PromptPay and MoMo Wallet in Vietnam. The full list is available on the Ecommpay website.
Southeast Asia’s digital economy has witnessed an impressive 82% growth in the last five years, and per capita spending on digital services is projected to surge by 79% between 2022 and 2027. A recent report by Money20/20 and FXC Intelligence also forecast that Asia-Pacific’s cross-border payment volume will nearly double to $23.8 trillion by 2032, up from $12.8 trillion in 2024. This highlights the immense potential for businesses that can effectively cater to the region’s unique payment preferences.
“Expanding into Asia presents a significant growth opportunity for businesses across various sectors,” commented Rosanna Helm-Visscher, Global Head of Partnerships at Ecommpay. “However, success in this dynamic market hinges on understanding and accommodating local payment preferences.
“The tech-savvy, young and rapidly growing population is driving the adoption of digital solutions and demanding modern payment options. Merchants hoping to serve this region must be able to meet that demand and Ecommpay’s comprehensive suite of Asian APMs is providing a frictionless checkout experience, building trust with local consumers and ultimately drive revenue growth.”
Ecommpay is committed to supporting businesses in their global expansion efforts, providing the expertise and technology needed to navigate the complexities of the Asian payments landscape. By offering a comprehensive range of Alternative Payment Methods, backed by advanced security features to mitigate fraud risks, Ecommpay is a trusted partner for businesses looking to unlock the immense potential of this thriving digital economy.
Ecommpay is proud to help global businesses grow in Asia through compliant and secure payment solutions, fully aligned with data privacy laws, international sanctions frameworks, and local regulatory requirements.
With its robust suite of Ecommpay Asian APMs, the company is making it easier for merchants to enter the market by offering secure, localised alternative payment options.
People In This Post
Companies In This Post
- The 4th Financial Innovation Forum – Payments & RegTech Arrives in London Read more
- Double UK eCommerce Award Shortlisting for Ecommpay Read more
- Candescent Appoints Donald Chesnut as Chief Design Officer to Drive Digital Innovation Read more
- Meanwhile Sees Unprecedented Demand for BTC Life Insurance, Offers Policy With 0.25 BTC Minimum Read more
- Global Payments Announces the Launch of its Genius™ for Enterprise POS Solution Read more