BNPL’s payment industry has been thriving in the midst of the pandemic. The acceleration of e-commerce penetration in Asia Pacific region along with the economic slowdown lead to the change of spending habits. Buy Now, Pay Later breaks through the stagnant economic hardship with flexible, alternative payment methods. By removing financial complexity, small businesses can now offer better payment tenure…
In global terms, the world has experienced a skyrocketing demand in digital payment and banking services after two years of struggle with the pandemics. With an over 50% increase in mobile app usage in Hong Kong and Singapore, this unprecedented growth drives a massive opportunity in digital banking across Asia.[1] It changes the landscape of traditional banking and creates a…