E-Commerce

Premium ice cream brand brings frozen delights online

Carmen’s Best is riding the digitization wave and going into cyberspace. The premium Filipino ice cream has harnessed digital technology to turn its website, www.carmensbest.com, into a full-fledged electronic store (e-store). Founder and chief executive officer Francisco Magsaysay said, like most businesses, the 10-year-old artisanal ice cream business faced major challenges when the COVID-19 pandemic …

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PayMaya’s fintech innovations boost e-Commerce transactions

More consumers are shopping online, especially for safety and convenience amid the COVID-19 pandemic. For many businesses accelerating their digital transformation to ride this wave, embracing e-commerce is the way forward under the “new normal.” Helping these enterprises transform is PayMaya, the only fintech in the country providing digital payments solutions that can easily integrate …

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E-commerce for everyone: Digital Transformation with Shopee and ShopeePay

The pandemic has significantly changed people’s lives, especially in terms of shopping. As more consumers choose to stay indoors, they also increasingly turn to online platforms for their needs—a trend that will continue even as retail establishments restart operations. For a booming industry that is fast-growing in markets such as the Philippines and other nations …

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qr code, quick response code, scanning

Payments via BSP-backed QR code standard surged amid pandemic

Retail financial transactions executed through the central bank-backed national quick reaction (QR) code standard have increased dramatically in recent months as the pandemic pushed more people toward contactless payment schemes, according to the central bank. In an online briefing, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said person-to-person payments using the “QR Ph” system — …

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Consumers, they are a-changin’

Increased dependence on technology, new concepts of identity, a demand for real experiences and a rise in consumer rating are some of the top priorities of consumers in the next 10 years, according to the Dentsu Consumer Vision 2030: The Age of Inclusive Intelligence, a futuristic study by global marketing services group Dentsu International. Drawing …

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UBX Philippines leads Open Finance revolution with i2i

Millions of micro, small and medium-sized enterprises (MSMEs) in the country, which include sari-sari store owners, carinderia operators and stall owners in public markets rely on small loans to keep their businesses going. These underserved Filipinos need better financial services, such as faster credit access from legitimate and reputable lenders. Open Finance and payments platform …

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E-commerce comes of age amid pandemic

Unknown to many, the Philippines pioneered mobile money, adding it to applications for cellular phones. Angelito Villanueva, chair and founder of FinTech Alliance.ph, executive vice president and chief innovation officer at Rizal Commercial Banking Corp. and chief digital transformation officer for the Yuchengco Group of Companies, said Filipinos were introduced to e-money or e-cash as …

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