Payment startups big winners of e-commerce boom


As the public turned to online shopping during the pandemic, a big winner was the digital payment industry, who have rocketed in value. — Reuters

They were little known before the pandemic, but startups in the flourishing digital payment industry are now worth a fortune as Covid-19 has forced people to increasingly embrace e-commerce.

Online shopping, contactless card readers and mobile payments are nothing new, but lockdowns and fears of contagion changed consumer behaviour during the coronavirus crisis.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Australian startup mimics trees to make cheaper green hydrogen
Apple’s iPad ‘Crush’ ad causes uproar amid AI anxiety
Sheriff requests nude photos from female inmate in exchange for favourable treatment, US feds say
Google’s Sundar Pichai lays out his AI roadmap
Apple’s new iPad ad leaves its creative audience feeling … flat
Neuralink says implant had issues after first human surgery
Phone bans are gaining ground in schools worldwide
Disney, Warner Bros to offer streaming bundle of Disney+, Hulu and Max
Ascension warns of suspected cyberattack; clinical operations disrupted
Mexico's Megacable, Nokia announce successful data transmission test in connectivity plan

Others Also Read