‘Payment solutions’ identified by global merchants as a key factor for successful expansion into Asia

HONG KONG - Monday, July 14th 2014 [ME NewsWire]

(BUSINESS WIRE)-- While over 80 percent of global online merchants plan on expanding their e-Commerce businesses in Asia over the next 12 months, almost all respondents (99 percent) say they face obstacles in gaining a firm foothold in the market, and in particular China, according to research by NTT Communications.

The survey, Breaking into the e-Commerce Market in Asia: Opportunities and Challenges, interviewed 200 United Kingdom and United States based decision-makers from the retail, gaming, travel and hospitality industries to evaluate the business potential of Asia’s e-Commerce market, the challenges merchants face, and the role that payment solution providers should play in helping merchants overcome these challenges.

Two-thirds of respondents forecast the volume of their compan ... Read more »