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3 Easy Ways Ecommerce Startups Can Gain More Customers

You’ve just opened an ecommerce business with great products. What’s next? The success of your business depends on attracting customers. You should think about your marketing tactics. Marketing takes time and dedication, especially when it comes to ecommerce websites. You need to work on increasing your site’s visits and number…

Your phone number is being shared with Facebook if you’re using WhatsApp

While many of us would not bother with changes in privacy policies of many apps, this is one that you may want to pay special attention to. WhatsApp just updated its privacy policy where it states that it will begin sharing user information with Facebook. The user information includes the…

Facebook now allows you to report links to fake news stories

Everyone on Facebook has that one friend that posts outlandish stories that end up being a hoax, but usually they’re utterly convinced that it’s the real deal. Today, Facebook has added the ability to flag a news story as a hoax. When you see something that is obviously not real…

Malaysia’s Largest NGO Chooses Microsoft

The Tzu Chi Foundation, an international charitable foundation that first opened its branch in Malaysia in 1993, recently announced that it has successfully deployed a comprehensive stack of Microsoft technology to help achieve its humanitarian mission more effectively.   Tzu Chi KL-Selangor Branch Deputy Chief Executive Officer, Sio Kee Hong…

Online Sales in Malaysia Will Hit RM5b in 2014

Malaysia’s online shopping market size is estimated to increase from RM1.8 million in 2010to RM 5 billion next year, according to the finance ministry in its Economic Report 2013/2014 released today, Bernama news agency reports.   The report also reveals that Malaysia is the one of the top three countries…

WorldPay processes over 257 million online transactions in H1 2013

The e-commerce division of WorldPay, a global provider of payment and risk services, has processed more than 257 million online transactions in H1 2013. According to the company, online transactions have reached a record rate of 320 transactions per second. Alternative payment transactions have been a strong driver of growth, with…

Sina to launch online banking platform

Chinese internet company Sina has revealed plans to release an online banking platform in September 2013.   The new service, dubbed WeiBank, will allow consumers to make financial transactions, complete bank transfers, make remittances, manage credit card and perform other money-related tasks online.   Sina has yet to disclose specific details of…

New Zealand: consumers embrace digital wallets

Consumers from New Zealand continue to move away from cash, turning towards electronic cards and internet banking as the digital wallet replaces conventional payment methods, recent statistics indicate. According to MasterCard’s Survey on Consumer Purchasing Priorities, debit cards were the most common choice for everyday expenses such as groceries (42…

WorldPay acquires YESpay

Global provider of payment and risk services WorldPay has acquired global card payments company YESpay.   By leveraging YESpay’s technology, WorldPay will be able to offer its UK clients a payment service, including merchant acquiring, card processing and payment terminals integrated with point of sale systems. The combined service will…

What’s the Business Model of Tech Companies?

How to Internet companies make money when the product is free?   Have you ever wondered how for-profit technology companies make money when they aren’t charging users a penny for the basic service? Are they following the freemium business model or is advertising the main source of revenue? Is the…