Buy Now Pay Later
What is Buy Now Pay Later? Buy Now Pay Later (BNPL) is a payment method that allows consumers to purchase items and receive items immediately and pay over a a … Continue reading Buy Now Pay Later
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Online Payment Flows
In the ever changing landscape of online payments and growing prevalence of shopping via mobile, payment players have implemented various payment flows in order to improve convenience, reduce drop offs … Continue reading Online Payment Flows
QR Code Payments
What are QR Code Payments? A Quick Response (QR) code is a two-dimensional barcode that contains information about the item to which it is attached to. Examples include an identifier, location, amount … Continue reading QR Code Payments
What are Payment Fees?
Payment fees are usually paid by merchants and is known as the merchant discount rate (MDR). It consists of 3 main components – the interchange, assessment fee, and markup (or … Continue reading What are Payment Fees?
Platform Business Model
Traditional versus Platform A traditional company usually owns the most or the entire production chain, from gathering of raw materials, refining them, producing the goods, storing the goods, to selling … Continue reading Platform Business Model
An Introduction to Logistics
What is Logistics? Logistics refers to the process of transporting resources (inventory, equipment, people) from one location to another location. It is sometimes used interchangeably with supply chain management. At … Continue reading An Introduction to Logistics
What is Cashback?
Business model Cashback sites and platforms earn revenue through affiliate marketing. Basically, they are paid for driving quality traffic to partner sites. For example, when a customer clicks on Amazon … Continue reading What is Cashback?
How can I get the lowest prices when shopping?
With so many E-commerce sites and sales, how can we ensure that we are getting the best bang for our buck? Here are the various types of discounts, vouchers, and … Continue reading How can I get the lowest prices when shopping?
How do E-commerce sites make money?
How do E-commerce sites monetise themselves? There are various ways, ranging from profit from sales, commissions, marketing fees, logistics costs to more novel methods like subscription plans and premium services … Continue reading How do E-commerce sites make money?
Quick primer to E-commerce
What is E-commerce? E-commerce is the buying and selling of goods and services over the Internet. In most cases, payments are also fulfilled electronically. Types of E-commerce models There are … Continue reading Quick primer to E-commerce
What are Payment Rails
Payment rails refer to the technology and underlying infrastructure used to facilitate payments between two entities. Examples The most common payment rail used by financial institutions is Society for Worldwide … Continue reading What are Payment Rails
Big Data versus Small Data
With the rise of big data, organisations are increasingly investing more into big data technologies. According to SNS Research in the report “Big Data Market: 2017 – 2030 – Opportunities, … Continue reading Big Data versus Small Data
Data Science & Data Analytics Explained
With the large amounts of data captured and stored by organisations, how can we utilise them to provide meaningful and actionable insights? This is where data science comes in. Data … Continue reading Data Science & Data Analytics Explained
Chan Jing Wei 