Eight things to know about Asian shoppers and their payment preferences: Wirecard

Insights from Wirecard’s Digital Payments Landscape in Hong Kong and International Holiday Shopping Report reveal a disparity between payment options and payment preferences.

Frictionless commerce is on the rise but what remains important for retailers is “to look at what triggers the customer to buy, and how they actually buy it”, said Anke Zeller, vice president of group strategy for payment solutions company Wirecard.

At the Retail Asia Conference in Hong Kong, Zeller highlighted some findings from two of its studies – the Digital Payments Landscape in Hong Kong report, as well as last year’s International Holiday Shopping Report.

Here are eight things retailers should know about shoppers in the region – and in particular, Hong Kong, Singapore and Malaysia:

1. Cash reigns...

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