Stripe

Resilience in retail: How APAC businesses are adapting with payments

We commissioned Forrester Consulting to survey hundreds of online retailers to learn how they’re rising to the unprecedented challenges of the pandemic. This study shares why retailers are still prioritising growth and how they can leverage payments to transform their businesses.

15 minute read

Did you know?

The Covid-19 pandemic has made accepting online payments even more critical than before. Retailers are looking to expand and are navigating resourcing and expertise blockers.

54%

of Asia-Pacific merchants find it challenging to expand into new markets.

24%

have seen an increase in sophisticated fraud attempts during the pandemic.

46%

lack internal payments expertise to stay informed on trends and regulations.

Key Insights

Payments as a tool for unlocking growth

Retailers that consider payments technology as a revenue-creating opportunity rather than a cost center will be able to quickly execute growth strategies like:

  • Expanding services provided to customers
  • Entering new markets with local payment options
  • Fueling growth with mobile wallets
  • Preparing their business for future market changes
  • Adopting new business models for growth

Ready to get started? Get in touch or create an account.

Create an account and start accepting payments—no contracts or banking details required. Or, contact us to design a custom package for your business.

Contact salesStart now



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