Rakuten opens regional HQ in Singapore

According to InsideRetail.Asia, Rakuten Inc has set up its regional headquarters for Southeast Asia market in Singapore at One George Rd. This new headquarters will support Rakuten’s operations in Asia-Pacific which covers Japan, Indonesia, Malaysia, Taiwan and Thailand. by Alice Lee

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China’s Tencent buys Patimas shares
Feb05

China’s Tencent buys Patimas shares

KUALA LUMPUR: China’s Internet company Tencent Holdings Ltd purchased shares of Patimas Computer Berhad, which engaged in the provision of ICT services, solutions and products, including managing Internet services and security services and development of e-business applications and services, The Sun Daily reported. With headquarters in Shenzhen, China, Tencent Holdings Ltd provides Internet and mobile phone value-added services and...

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Adyen unveils PayOut service for International businesses
Feb05

Adyen unveils PayOut service for International businesses

NETHERLANDS: Adyen, a global payment company has yesterday introduced its new service namely PayOut service, a simple and effective way for businesses to manage outgoing payment processes to suppliers or third parties around the world. By automating the payout process, Adyen removes the need for businesses to operate independently through local banks in different countries, and in doing so, generates significant administrative and...

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Soft Space and Thai’s Kasikorn Bank jointly launch the first mobile payment platform in Asia Pacific

Mobile payment platform provider, Soft Space International Sdn Bhd (Soft Space) has established a partnership in mobile card payment technology with Kasikorn Bank, the largest acquiring bank in Thailand, The Star reported. In collaboration with Soft Space, Kasikorn Bank has rolled out the first mobile EMV-certified card payment platform in Asia-Pacific on Jan 26. Soft Space was also reported in talks with two Thai banks to roll out...

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MasterCard PayPass grows 28 percent in 2012 across APMEA region
Feb04

MasterCard PayPass grows 28 percent in 2012 across APMEA region

SINGAPORE: The global payment service provider MasterCard Worldwide announced today its contactless payments technology, MasterCard PayPass has been deployed in nearly 700,000 merchant locations in 51 countries as of Q4 2012. The number of merchant locations for MasterCard PayPass in Asia/Pacific, Middle East and Africa (APMEA) region was increased 28 per cent last year, MasterCard Worldwide said. The emerging markets take up...

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PCI SSC releases a security guideline for e-commerce
Feb04

PCI SSC releases a security guideline for e-commerce

WAKEFIELD: PCI Security Standard Council (PCI SSC), an open global forum for the development of payment card security standards has released the PCI DSS E-Commerce Guidelines Information Supplement, to guide businesses selling goods and services over the Internet in choosing their e-commerce technologies and third-party service providers which can help them to secure customer payment data and support PCI DSS compliance efforts. The...

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E-Commerce customer service tool Offerchat releases new version
Feb04

E-Commerce customer service tool Offerchat releases new version

MIAMI: The Philippines-based company Click Labs Inc. has launched officially the latest version of Offerchat with new dashboard for all users. The new Offerchat dashboard features widget positioning, post chat survey and proactive chat trigger. Offerchat is a free premium live chat customer service tool for e-commerce and other websites that enable online businesses to communicate with customers on their inquiries through one-to-one...

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E-Commerce is a low capital and easy setup business
Feb03

E-Commerce is a low capital and easy setup business

VSDaily had an opportunity to interview Kenneth Lee who has selected e-commerce as his choice to start up own business. He founded an online store selling hampers – HamperMalaysia.com in 2005. He started the online business on part time basis during his university time, as a way for him to earn pocket money to be spent during festive season. After few years of his own efforts, he managed to build up his online business...

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Twitter says hackers may have stolen 250,000 user accounts in a cyber-attack

Twitter, via its blog announced that its online social networking was attacked by hackers recently and the attackers may have had access to approximately 250,000 users’ information such as usernames, email addresses, session tokens and encrypted/salted versions of passwords. Twitter has reset passwords and revoked session tokens for affected accounts. The victims of this cyber-attack will be notified by Twitter via email about the...

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Alibaba helps Vietnamese exporters venture into e-commerce
Feb03

Alibaba helps Vietnamese exporters venture into e-commerce

HANOI: Alibaba.com Group has agreed to offer discount on member registration fee of Global Old Supplier at Alibaba.com to Vietnamese exporters, to encourage them to expand their businesses through e-commerce, Viet Nam News reported. This project was initiated by the Viet Nam Chamber of Commerce and Industry, OSB Investment and Technology JSC and the Alibaba.com Group last year and they aim to help 500 exporters to go e-commerce this...

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