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Beyond Eastern Borders: Exploring 2024 Asia Pacific Payment Trends
By: Tristan Chiappini, VP of APAC at PPRO 2023 has gone by in a flash but, as usual in the world of payments, things haven’t stood still – particularly in the fast-paced and fragmented Asia Pacific payments landscape. Statista forecasts that 61.4% of global e-commerce revenue will be generated in Asia by 2024. In a…
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Year of the Rabbit: Leaping into a bumper year for digital payments
By: Tristan Chiappini, Vice President and APAC Head of Partnership of leading digital payment infrastructure provider PPRO An agile, speedy and proud animal, the rabbit can leap over obstacles and maintain its pace as it navigates the complex landscapes it finds itself in. A symbol of longevity, peace, and prosperity in the Chinese Zodiac, the…
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Buy Now, Pay Later 2.0 has arrived: Live Now, Pay Later
By Tristan Chiappini, Vice President of Partnerships and Head of APAC at PPRO The concept of consumer credit at point-of-sale has existed for many years. What started out as merchant loans, originally to farmers, later evolved into bank lending and credit cards. In recent years there have been further evolutions to the way consumer credit is offered…
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PPRO acquires Alpha Fintech in game-changing deal
PPRO, the leading provider of digital paymentsinfrastructure, has announced the acquisition of Alpha Fintech, a next-gen payments technology company. The deal will expand PPRO’s offering, strengthen its presence and networks in Asia Pacific (APAC), and allow it to deliver products and servicesfaster to its customers. Alpha Fintech’s cloud-based platform allows for the seamless integration of…
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Protecting payments from the rise in online banking scams
By: Tristan Chiappini, Vice President, Partnerships, Head of APAC at PPRO It is almost inevitable that shoppers across different demographics have adapted to using digital payments, particularly over the past 2 years. In fact, in 2021 alone, the volume of digital payments had already surpassed that of the year before – with PayNow transactions in…
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PPRO names former Wayfair, Klarna tech leader as new CTO
PPRO, the global provider of local payments infrastructure, has appointed Bernie Miles as Chief Technology Officer (CTO) to drive the development of its cross-border payment technology. Bernie will oversee a rapidly growing global team of engineers based across Munich, Berlin, London, São Paulo, and Singapore. His primary objective will be scaling up PPRO’s platform to…
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NPCI International and PPRO collaborate to offer Indian consumers hassle-free payments across the globe
NPCI International Payments Ltd (NIPL), the international arm of National Payments Corporation of India, and PPRO, the leading global provider of local payments infrastructure have signed a memorandum of understanding (MOU) to partner together to expand and empower international growth of India’s digital payments ecosystem. The agreement aims at expanding RuPay card and UPI acceptance across PPRO’s…
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PPRO Research Confirms Local Payment Methods Will Dominate As Cross-Border E-Commerce Grows
PPRO, the leading global provider of local payments infrastructure, has released the 2021 edition of its Payment Almanac. As the global e-commerce landscape grows to be worth an expected $US 6.9 trillion by 2025, consumers expect to make purchases with their preferred payment method. Yet many firms still lack the knowledge, licensing, and technology to…
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Everyday E-commerce: New Ways of Paying, Accelerated New Ways of Buying
By: Kelvin Phua, Head of Global Payment Networks, PPRO Gone are the days of in-store or online. Retail commerce – even in-store – has transformed almost completely into digital commerce, the term used to describe the blend of online and offline commerce that we all enjoy today. Whether it is the purchases themselves or the…
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PPRO announces strategic investment from JPMorgan Chase & Co., bringing total round to $270 million
PPRO, a leading provider of local payments infrastructure, has announced new investments from JPMorgan Chase & Co. and Eldridge. The latest investment is an extension of the US $180 million round from Eurazeo Growth, Sprints Capital, and Wellington Management announced just weeks ago. Leading payment companies rely on PPRO’s infrastructure to accept payments from consumers all over the world. Beyond offering access to a comprehensive payments…