THE PAVILIONS IS THE FIRST INTERNATIONAL HOTEL GROUP IN THE WORLD TO ACCEPT CRYPTOCURRENCY FOR HOTEL BOOKINGS - In the ever-evolving world of Crypto, The Pavilions Hotels & Resorts enhances its guest experiences by becoming the first global boutique hotel group to accept Cryptocurrency from any country for hotel bookings, leading the tourism industry into the future of secure online payments. The Pavilions Hotels & Resorts has partnered with leading global Crypto-payment gateway, Coindirect, enabling customers to pay with Bitcoin, Et…
E-COMMERCE EMERGES AS MAINSTREAM PAYMENT IN THAILAND AMID COVID-19 CRISIS - E-commerce has been on sustained growth for the last few years in Thailand. While Thailand is among the few countries globally that have been successful in combating COVID-19, the lockdown measures such as restricting the opening of businesses and retail stores have fast-tracked e-commerce growth, according to GlobalData, a leading data, and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that the e-commerce market in Thailand is well-deve…
Image Source COVID-19 accelerates the shift to digital payments in Singapore The COVID-19 pandemic has accelerated Singapore's push to digital payments, with a rise in card payments and a decline in cash usage, according to GlobalData, a leading data, and analytics company. GlobalData estimates total card transactions (POS and ATM) in Singapore to grow marginally by 0.4% in 2020, compared to 7.8% growth in 2019. While card payments (POS) is forecasted to grow by 2.5% in 2020 to reach S$114.7bn (US$85.3bn), cash withdrawals at ATM are forec…
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