PayTabs Blog

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Philippines has always been ahead of the curve in ASEAN when it comes to embracing mass market technologies. First it started with SMS, and then came Facebook penetration, which is really high (50% +) in Philippines, as per recent studies. What’s the future for Philippines? Well, all indicators point out that Philippines is ripe for…

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Worldwide e-commerce sales is projected to grow to $4.5 trillion* by 2021. That’s almost double the current value. While at the face of it, the value seems mind boggling but it doesn’t come as a surprise because globally, e-commerce has been witnessing staggering growth, propelled by the sprouting of various e-commerce startups across the world….

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Happy National day. As part of our Saudi identity, and our belief in the Kingdom’s 2030 vision, PayTabs is proud to introduce its exclusive offer for Saudi startups on the occasion of 87 years of unity in the Kingdom. Saudi startups not older than 3 years are encouraged to sign up for our merchant account…

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Circa 2006: You live in Greater Kailash in New Delhi, surrounded by markets, where you would get everything under the sun. One fine morning, your phone fell down on the floor and the screen cracked. You run to the nearest store and buy the phone of your choice. Circa 2017: Similar incident happens; you login…

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Payments in The Kingdom

September 11, 2017

Recent research has found out that Alternative Payment Methods will account for 59% of all online transactions by 2018. With increasing complexities in the global market with regards to payments, it is imperative for economies to allow alternative payment methods which instill that confidence in consumers to pay online. Because the truth is that, as…

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The Indian E-commerce scene has exploded in recent times, with many different segments being created by niche players, with the most nascent being Foodtech. India has come a long way with respect to e-commerce and the evolution has been really rapid, befitting the world’s fastest growing large economy. The growth of e-commerce is tremendous in…

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The concept of marketplaces is not an unknown commodity in society, it has been existent since time immemorial and largely identified as a location where multiple merchants congregate to sell different types of goods and services to buyers. A mall is essentially a marketplace, as well. However, in recent times, the world of flea and open…

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Subscribe Now! You have implemented a subscription model for your online or offline platform. Well that action proves that you are ready to provide a service on a recurring basis. It gives you an opportunity to convert your customer base and make them captive. The advantage of having a long term captive customer base through…

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  One fine morning, you wake up and you stumble upon a business idea that you instantaneously believe in and you think it will work great in the marketplace. You start working on your business plan and then you stop at a critical juncture, you start evaluating the feasibility and costs of starting a physical…

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In one of our previous post, we touched upon the fact that Indian e-commerce has grown tremendously in recent years and digital payments form the core of the Digital India ecosystem. The growth in payments has been driven by the push for online payments at the institutional level, be it government, corporate or banks. Having…

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When a customer shops on your website, little he is aware of the fact that you have shopped elsewhere to integrate your website with a shopping cart platform. Shopping cart platforms lie at the very heart of e-commerce and no merchant looking to venture online, can do without a shopping cart platform. What a door…

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The Indian e-commerce market is estimated to grow to $102.8 Billion by 2020. With a growing internet penetration and a plethora of private and government commercial services being offered through the web, that number doesn’t seem unrealistic.  India is by far, one among the top 3 markets for e-commerce globally. If you thought the $100…

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“People are the best show in the world. And you don’t even pay for the ticket.” – Charles Bukowski There are two elements in that quote which resonates with the core business philosophy of PayTabs, i.e. People and Payments. PayTabs began as an idea with the sole mission to create a simple and secure platform for…

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Digital India has been at the very heart of Prime Minister Narendra Modi’s vision and the Fintech Industry has been at the forefront of that vision by enabling technologies that fundamentally change the way Indians transact in the new economy.  The statistics point to a large scale Fintech movement taking shape in India: The Indian…

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The recent surge in global online payments has been pretty evident across the world and the growth has been driven by stupendous growth in e-commerce transactions done in the Middle East. In fact, in one of our earlier posts, when we clearly stated that as per Capgemini’s World Payments Report 2017, the global growth in…

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Ever seen the green logo at the bottom of the checkout page for an e-commerce site? The PCI-DSS logo. You must have wondered what does the logo signify? Well, it is a mark of authentic security verification for the site and all the payment gateways associated with the particular site. PCI-DSS stands for Payment Cards…

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The 2016 Pitney and Bowes Global Online Shopping study estimated 66% of online consumers are international. This percentage is likely to grow in the coming years. Having said that, before you jump the international e-commerce bandwagon, it is important that you focus on certain areas for long term success. As we provide you with the…

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If you take a step back and look at the entire e-commerce ecosystem, you would realize that one of the key elements of an e-commerce portal is the effectiveness and efficiency of your Payment Gateway. As you are in the process of choosing a payment gateway, we are here to give you a ready reckoner…

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In our last post, we had given you a bird’s eye view on how the world has shrunk. Through this post we aim to put forth that view in perspective with some data that testifies the current phenomenon of global online payments. Developing Countries have witnessed a 21.6% average annual growth in non-cash transactions during…

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Who does not want to run a successful business without breaking the bank? And if this can be achieved by making the most of digital revolution, then there is nothing like it! That is probably the main reason why ecommerce continues to soar globally and why even large companies are opening their doors to this…

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