E-Payment helps to boost up global GDP
SAN FRANCISCO: Moody’s Analytics, an independent provider of economic forecasting has conducted a study for Visa on the impact of using of electronic payment (e-payment) products such as credit and debit cards to the Gross Domestic Product (GDP) of the 56 countries between 2008 and 2012. The study found e-payment added US$983 billion (RM3,045.82 billion) to the global GDP over the past few years. According to the report, the growth...
Payleven launches Chip & PIN mobile payment solution for European merchants
BERLIN: Payleven, a mobile payments company in Europe has launched its innovative Chip & PIN solution across Europe. Paylevel’s solution is fully compliant for all major debit and credit cards including Visa, V-Pay, MasterCard and Maestro. With EUR 49 (RM203.42), merchants can purchase a device during the introductory period and only pay for transaction fee of 2.75% of the transaction value for the solution. Payleven said there...
liveBooks acquires Fotomoto to offer more powerful social commerce application
U.S: LiveBooks, Inc., a content management platform offering photo sharing, e-commerce and print-on-demand solutions including websites, mobile applications and other digital storefronts for the photography and design industries has acquired Fotomoto, a social commerce application integrates seamlessly with websites, blogs, social networks and countless platforms including Facebook, WordPress, Tumblr and Drupal, enabling purchase...
LHDNM eyeing to collect 90 per cent of income tax online
KUCHING: The deputy CEO (tax operation) of the Inland Revenue Board of Malaysia (LHDNM), Datuk Mohammad Sait Ahmad said LHDNM is targeting to have 90 per cent of its tax collection made via the electronic payment or e-payment system by 2015 during the launch of the LHDNM Electronic Payment Service Promotion 2013, the Borneo Post reported. With the e-payment system, tax payers and employers can pay their income tax through LHDNM’s...
PT XL Axiata offers mobile-based remittance services in Indonesia
INDONESIA: The Indonesian telco PT XL Axiata (XL) has entered partnership agreement with Western Union and mini market chain Alfamart to provide mobile-based remittance services to Indonesia customers who have family members working overseas especially in Malaysia and Saudi Arabia. The new service is an expansion of XL’s mobile moneys services under the XL Tunai program, allowing migrant workers can send money from Western Union...
Playing unfair: cybercriminals set their sights on gamers
PETALING JAYA: According to data from Kaspersky Security Network (KSN), Kaspersky Lab experts recorded 7,000 attempts to infect gamers around the world every day in 2012. These attacks are launched in an attempt to gain access to personal user data, such as passwords to online games and online banking systems. Where games are concerned, malicious users attempt to steal avatars and in-game items to subsequently sell these virtual goods...
LAZADA Malaysia offers 48 hours guaranteed delivery
KUALA LUMPUR: LAZADA Malaysia has launched “Lazada’s Promise Campaign” to guarantee the customers will receive their purchased goods within 2 business days in Klang Valley upon their online purchases are confirmed. Under this program, LAZADA will gratify the customer with a RM75 cash voucher if the delivery takes more than period promised.
Magento users can monitor its website performance for free via Alertsite
U.S: Store performance including site availability, speed and user experience optimization is crucial to online success. On Feb 7, 2013, SmartBear Software released a plug-in of Alertsite, a website monitoring tool for Magento eCommerce platform. With this extension, Magento users able to gain basic website monitoring services, daily samples of browser performance and selective benchmark support for free, thus the website performance...
Baidu unveils its vertical shopping search platform
KUALA LUMPUR: China’s Baidu Inc, a Chinese language Internet search provider has launched a shopping search platform at http://gouwu.baidu.com, including e-commerce players like 360buy.com, Amazon China, Suning.com, 51buy.com and Vancl.com, Tech.qq.com reported. Gouwu.baidu.com allows online shoppers to search for online shopping without any charges. Baidu also has launched mobile app of this vertical search site for iOS and Android...
Mopay expands its Asia business by setting up offices in Indonesia and Korea
BEIJING: The mobile payment solutions for online merchant, mopay has established two new representative offices in Seoul, Korean and Jakarta, Indonesia as a part of its global expansion plan, to support Asian online merchants to grow internationally. According to mopay, the company has acquired over 100 clients including Tencent and Changyou in the region since their regional headquarter established in Beijing, China three years ago....
