MasterCard Archives - Inside Retail Asia
Asia Pacific’s five most popular cities for international travellers – Bangkok, Singapore, Kuala Lumpur, Tokyo and Seoul – welcomed over one-fifth of all overnight visitors to the region’s top cities last year.
Visitors from Mainland China, the Republic of Korea, Japan and Taiwan now account for 18.5 per cent of global travel spending in the world’s top 200 cities.
Pizza Hut Singapore has introduced a robot that takes orders and processes payments.
SPH Buzz has partnered with Mastercard to launch a hybrid store that includes attended and unattended retail counters.
Emerging markets are outpacing more developed countries when it comes to mobile shopping, the Mastercard Mobile Shopping Survey shows.
In a first for the country, Myanmar’s Co-Operative Limited Bank (CB Bank) is introducing Mastercard contactless payments.
The Philippine retail industry is expected to account for a fifth of the country’s overall economic output in the next decade.
AS Watson Group plans to open 1400 outlets globally this year, 60 of them in Hong Kong.
Alibaba Group has launched Tmall World, targeting 100 million overseas Chinese speakers.
Nearly 2 billion biometric mobile payment authentications are expected to be made this year, according to a Juniper Research study.
While Bangkok is still the most-visited destination in Asia Pacific, Singapore continues to lead in Asian tourist spending.
Eighty per cent of Asian online shoppers intend to be repeat customers in the first half of this year.