PayTabs Blog

Build a profitable and scalable business with the right guidance and knowledge.

E-commerce is a rapidly evolving area and it can be a daunting task trying to keep up with the trends. With the advent of technology, some of the ways in which we meet our basic needs have undergone a tremendous change. Online retailing is one such major gift. As more and more people have begun…

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According to a recent study, 86 percent of the millennials aged 18-34 years say that they are “Mobile Money Users”, meaning they use digital banking and payments solutions on their smartphones. The millennials were the first to get introduced to gadgets and electronic products. And this is one of the reasons why they are more…

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Word of mouth is the most vital medium for popularizing any business. Positive reviews are not the only kind that may be beneficial to a business, even though they are preferred. And establishing a positive image of your business isn’t the only benefit of online reviews. Online reviews by the customers can also optimize search…

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Are you using the cross-selling strategy to increase your sales in your online shop? You are losing a lot of money if you haven’t considered cross-selling. Both cross-selling and up-selling tactics are effective ways of increasing the order value, including one of the most critical business metrics. Are you wondering what this is? Well, this…

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One of the most difficult aspects of managing a business is increasing revenue.  As a business owner, you have to grapple with increased competition in the backdrop of increasing operation costs. While most businesses focus on customer acquisition to boost revenues, research shows building brand loyalty can have an even greater impact. A recent report…

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The price of a product or service is the most influencing factor for a buyer. Of course, there are other factors affecting online sales, such as geographic location, currency, user experience, and so on. When we talk about price localization, we incorporate all these factors to render a customized shopping experience. According to a study,…

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Setting up an e-commerce store is not just about creating a website, uploading images and descriptions, integrating a payment gateway, and waiting for the customers to come and buy from the store. The times are changing, and you should too. As per Statista, the global retail sales via e-commerce platform will be worth $653 billion…

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It is impossible to miss how all kinds of businesses are going online these days, all over the world. This is primarily because an online store guarantees to connect you with countless customers from your own country as well others, making your business a more successful venture than ever before. While you are excited about…

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It is no news that merchants have been making the most of the e-commerce boom for quite some time now. Most businesses these days sell products as well as services online, to customers sitting in far-flung parts of the world.  While the internet has opened up a whole new world of opportunities to merchants, there…

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Whenever we are given a chance to describe our customer, the first thing we think of is demographic traits. 22 – 55, single, female living in a particular location. But is a statistical summation good enough to make business decisions? While this was true for the early days of eCommerce, things are different today. Thanks…

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With the advent of internet and eCommerce, selling in your backyard is equated with selling in another country. The medium of sale is the same – your website. But then comes the actual legwork of ensuring your product reaches its customer and the money reaches your bank account. There are a lot of minor but…

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What California is to Apple and Redmond is to Microsoft, Saudi Arabia is to PayTabs. We are proud to call ourselves a Saudi startup and proud to have spread our wings in the GCC region and the World. Circa 2014: PayTabs was incorporated in Saudi Arabia with a mission to provide a convenient and secure…

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m-Commerce: The Future!

October 16, 2017

In 2014, global m-Commerce revenues were $184 billion which is poised to increase to $669 billion by 2018*. These figures are a testimony to staggering growth of mobile retail commerce in recent times, primarily led by deeper smartphone penetration across the world. In terms of regions, Asia has witnessed the highest growth in mobile commerce,…

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Every once in a generation, comes a paradigm shift in innovation, that changes the way we engage in our daily lives enabled by technology. Be it the Internet in the 1980s or the penetration of smartphones, a decade ago. The Internet and Smartphones have fundamentally changed some of our key actions as human beings! Such…

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“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke (Author) The world of payment solutions has evolved dramatically in recent times, given the growing need of global e-commerce. Most merchants nowadays require a comprehensive solution to take care of their payment needs, whether it is in a single store environment or a…

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Cashless in India

October 4, 2017

Sleepless in Seattle: Remember the Hollywood movie from the 90s starring Tom Hanks and Meg Ryan. As it turns out, it was not a very happy story, as the protagonist grieves his wife’s death and he cannot sleep after moving base from Chicago to Seattle. On the contrary, given the Digital India revolution and the…

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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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As wisdom suggests, regulations are useful when it works. Regulations should enable the economy and not prove to be a hindrance for economic development. Any country which is serious about letting a new industry mushroom and grow, it must create an environment that helps startups and entrepreneurship. Whether it is Silicon Valley or Singapore, favorable…

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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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