After a decade of launching regulations for branchless banking that enabled the entry of telecommunication companies into the arena of banking and payments, SBP recently launched regulations for Electronic Money Institutions (EMIs). The document outlines objectives and scope of regulations, …
Read More »Five ways to increase trust in e-commerce
Trust between consumers and suppliers is often a bigger issue online than it is offline. Online, there is a limit to both physical interaction and the opportunity to test the professionalism of a retailer or suppliers. According to one survey of 24,000 …
Read More »Funding for IT-Entrepreneurial Culture: a main concern
On 17th day of September 2001, an ambitious article of mine was published in the Pakistan Gulf Economist. The title of article was “TECHNOLOGY, THE LAST OF OUR SURVIVAL”. At that particular time, I was taking part in one of …
Read More »A Closer Look at Global E-Commerce
Today Cyber Monday sweeps across the world, with most countries participating in the global e-commerce extravaganza, which has taken off in recent years. According to information from Statista’s Digital Market Outlook, there are 259 million e-commerce users in the United States. For all …
Read More »Five trends shaping the future of e-commerce in China
China leads the world in e-commerce. More than 40% of the world’s e-commerce transactions currently take place in China, up from only 1% about a decade ago. Local Chinese tech champions such as Alibaba Group, Tencent and JD dominate a rapidly growing …
Read More »India E-Commerce Market Anticipates First Regulations
Legislators in India are drafting legislation which would create a level playing field for Indian startups against companies like Amazon, Apple, Facebook, and Google. The potential law would also require companies to house company data exclusively in India. While India’s annual e-commerce revenue …
Read More »Pakistan catching up the e-commerce market
Electronic commerce or e-commerce is no more restricted to only buying and selling online rather it is now mobile commerce, Facebook commerce, interfacing of websites with bank accounts, securing electronic payments through credit and debit cards, Business-to-Business (B2B) activities for …
Read More »A Brief Review Of Consumer Spending Patterns In FY 2018-19
Pakistani society is highly consumption-oriented. This is further accentuated by the fact that consumer spending this Eid-ul-Fit’r crossed one trillion mark. With around fifty points on Consumer Confidence Survey, there is likelihood that mix trend is likely to continue. While …
Read More »India Consumer Spending To Rise Three-Fold To $4 Trillion By 2025
India is striving to become the world’s third-largest consumer market by 2025. Consumer spending is on the rise in India. The country is currently ranked eighth largest consumer market, according to the World Bank. “The outlook for India’s consumer market …
Read More »Growing Thirst For Major Internet Market
With a population of around 200 million, Pakistan has the potential to become next major internet market in terms of number of connected people in the next few years. According to one estimate, 9 percent of the country’s population went …
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