Digital payments are the way of the future, as is digital consumption. Digitalization of the banking and payment systems is crucial, which cannot be understated. Digital banking and mobile payments had experienced rapid growth even before the epidemic began, notably in emerging economies worldwide. Due to the highly comfortable service they offer their customers, businesses are slowly adopting the development of digital stores.
Although digital banking and mobile payments experienced rapid growth, the pandemic has sped up the development of digital payments, with mobile wallets, particularly, seeing a sharp increase in popularity. As the use of mobile wallets among consumers and businesses grows, especially in fast-growing markets like Southeast Asia, the world’s payment infrastructures are being digitally transformed.
Alipay+ D-store is an integrated one-stop solution that companies can use to quickly, scalably, and affordably build digital stores across multiple platforms. It offers a suite of toolkits to digitalize merchants’ payments, operations, services, and marketing, opening up new revenue opportunities and providing customers with better services.
Businesses may have digital storefronts in the form of short programs on digital platforms. Digital stores could also be created as H5 pages that could be quickly and readily incorporated online and on social media to reach customers. Alipay+ D-store currently works with Chope, Alipay, Touch’ n Go eWallet, AlipayHK, and other digital platforms.
Muhammad Zulhusni | 3 November, 2022
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