India’s Getex joins the Malaysian cashback space and is confident it can lure customers despite the intense competition, saying it will empower consumers with cash incentives.
There are gaps in both the buyer and seller space in Malaysia’s burgeoning e-commerce market that need to be addressed, according to 11street Malaysia chief executive officer Hoseok Kim.
Consumers in Asia Pacific’s emerging markets remain optimistic despite a slight decline in overall consumer confidence for the region, according to the MasterCard Index of Consumer Confidence.
Consumers in Asia Pacific, with the exception of Australia, largely remain optimistic on their economic outlook despite continued uncertainty in the global economy, according to the MasterCard Index of Consumer Confidence released recently.
According to a survey conducted by Kaspersky Lab and B2B International, 49% of Internet users worldwide felt vulnerable while shopping online or making online transactions, and 42% of users would utilise online payment systems more often if they felt they were protected from cyber fraud.