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Desire to Improve Their Health Motivates Asia Pacific Consumers to Start Eating Breakfast More Often During the Pandemic – Herbalife Nutrition Survey

HONG KONG SAR – Media OutReach – 31 August 2021 – Premier global nutrition company, Herbalife Nutrition, today unveiled findings from its third annual Asia Pacific Breakfast Habits Survey 2021, which revealed that the desire to improve health and well-being was the top reason that motivated Asia Pacific consumers to adopt positive breakfast habits. Three in ten (30 percent) consumers began eating breakfast more often as a result of the current situation, and half of the respondents who started doing so said they ate breakfast six to seven more days per week.

 

To understand the impact of the current pandemic on Asia Pacific consumers’ breakfast attitudes and habits as well as the behavior preferences of different demographic groups, Herbalife Nutrition’s Asia Pacific Breakfast Habits Survey 2021 polled more than 5,500 consumers aged 18 and above across 11 markets – Australia, Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam. Approximately 50 percent of respondents in each market were Generation Zs (aged 18 – 24) or Millennials (aged 25 – 40).

 

“The pandemic has sparked noticeable changes in the breakfast eating habits of consumers in Asia Pacific,” said Stephen Conchie, Senior Vice President and Managing Director, Herbalife Nutrition Asia Pacific. “With growing awareness of the need for a healthy and nutritious breakfast to support their well-being, many of them – including Generation Zs and Millennials – went from not eating breakfast before, to now consuming breakfast on a daily basis. This marks a step in the right direction to foster positive nutrition habits and lay the foundation for them to lead healthier lives.”

 

Higher Frequency of Breakfast Consumption More Evident Among Gen Zs, Millennials

Two in five (37 percent) Generation Zs and Millennials in Asia Pacific began eating breakfast more often as a result of the pandemic, higher than the region’s average of 30 percent across all age groups. The change in breakfast habits among Generation Zs and Millennials was particularly evident among those in Thailand (65 percent) and the Philippines (53 percent), with over half of consumers aged 18 to 40 now consuming breakfast more often.

 

When asked about the reasons for consuming breakfast more often, the top reasons given by Generation Z and Millennials were similar to the average Asia Pacific consumer. These include:

  • I want to improve my health and well-being (65 percent)
  • I have more time in the morning to prepare breakfast (48 percent)
  • I want to use this time at home to make a positive lifestyle change (41 percent)

In addition to increased breakfast frequency, four in 10 Generation Zs and Millennials (41 percent) also started eating healthier breakfasts. This change was more prevalent among those in the Philippines (66 percent), Indonesia (61 percent) and Vietnam (57%). Key changes made by Generation Zs and Millennials to their choice of breakfast include:

  • I incorporated more vegetables and fruits into my breakfast (57 percent)
  • I made sure I have a nutritionally balanced meal at breakfast (54 percent)
  • I drank more water at breakfast (52 percent)


Increased Awareness of the Importance of Nutrition among Asia Pacific Consumers

There is a remarkable increase in recognizing nutrition as an important element of their ideal breakfast among Asia Pacific consumers. When asked about factors that make up an ideal breakfast, respondents selected nutrition as the most important factor (50 percent), followed by quick and easy preparation (16 percent), taste (14 percent), and convenience (14 percent).

 

In the Asia Pacific Breakfast Habits Survey conducted in 2019 by Herbalife Nutrition, nutrition was of a lower priority to consumers, ranked after taste and convenience.

 

Asia Pacific Consumers See Value in Consuming a High-Protein Breakfast

When asked about the personal benefits of consuming breakfast, respondents cited having an energy lift in the morning (76 percent), kickstarting their metabolism for the day (49 percent) and helping them to focus better at work or in school (49 percent) as the key advantages.

In addition, the majority of the region’s consumers (73 percent) also saw value in consuming a high-protein breakfast:

  • 67 percent said a high-protein breakfast helps keep them fueled until their next meal or snack
  • 65 percent shared that it helps to support muscle health
  • 53 percent shared that it helps to boost their immunity

Inconvenience is the Top Barrier Preventing Consumers from Eating Healthier Breakfasts

While the majority (74 percent) of respondents believe that it is important to have a healthy breakfast on a daily basis, and intend to consume healthier breakfast options (85 percent), a minority continue to face barriers in making healthy breakfasts a key part of their daily routine.

Among those who do not intend to consume healthier breakfast options, the main reasons were:

  • Healthier breakfast options take too long to make (27 percent)
  • Healthier breakfast options do not matter to them (25 percent)
  • Healthier breakfast options are expensive (23 percent)

When asked about their willingness to spend for their ideal breakfast, the majority were unwilling to spend more than the equivalent of US$5 per meal. 

“A healthier breakfast does not necessarily take too long to make,” added Conchie. “There are a wide range of fuss-free breakfast options which include more nutrients, yet are easy and quick to prepare. These will provide consumers with energy to start their day whilst improving overall well-being in the longer term.”

About Herbalife Nutrition

Herbalife Nutrition (NYSE: HLF) is a global company that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers high-quality, science-backed products, sold in over 90 countries by entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle. Through the Company’s global campaign to eradicate hunger, Herbalife Nutrition is also committed to bringing nutrition and education to communities around the world.

#HerbalifeNutrition

Seminal Step: OctaFX Launches Its Apple iOS Trading App, Starting in Malaysia

KUALA LUMPUR, MALASIA – Media OutReach – 31 August 2021 – The Forex broker OctaFX presents the test launch of its Apple iOS trading app in the Malaysian App Store. A complete app inauguration for all service regions will follow towards the end of 2021.



 

The international Forex broker OctaFX has delivered the first release of their Apple iOS trading app. The company decided for Malaysia to be the first region for this test launch.

 

The App’s current rendition of its user interface is in the English language only. Live trading will be available later, but Malaysian users can already download the app, create an account, manage their investments, and even engage in direct communications with client support.

 

OctaFX will activate the primary function of trading assets in the near future. As for now, the team employs a minimal basic functionality approach. The immediate next natural steps are ensuring smooth and fast performance of the core feature set.

 

After that follows a full app release, with all features unlocked, for all regions, at the end of this year⁠—incorporating all other languages served by the company on its established platforms so far.

The app’s test launch constitutes a crucial element for the developer team to gather real-time data, feedback, and interaction with the user base.

 

A brief run-down of the app’s features in test mode

●      Control over investments, replenishing balance and transferring of funds between accounts instantly

●      A one-stop solution for managing all OctaFX trading accounts and funds in one place

●      Instant deposits to all trading accounts and Wallet

●      Fast withdrawal times from several seconds up to a maximum of three hours

●      Instant transfers between trading accounts

●      Full integration with the most popular trading platforms (MT4, MT5), as well as introducing OctaFX’s very own trading platform

 

The quiet launch of the OctaFX iOS went ahead on 4 August 2021. Users can download the trading app for Malaysia on the App Store.

About OctaFX

OctaFX is a global Forex broker that provides online trading services worldwide since 2011.

It offers a state-of-the-art trading experience to over 7 million trading accounts worldwide. In addition, the company is well-known for its social and charity activity, supporting infrastructure and humanitarian projects in many joint ventures. OctaFX has won more than 40 awards since its foundation, including the 2020 ‘Most Transparent Broker’ by Forex Awards and, more recently, the ‘Best ECN Broker 2021’ award from World Finance to name a few.

#OctaFX

Marquee tech investors back coding bootcamp start-up Rocket Academy to address global talent shortage

  • Fundraise: Rocket Academy raises $1.1m in pre-seed funding from consortium of business angels 
  • Demand: Over the past 3 months, demand for their Coding Basics course has increased 10x 
  • Growth: Rocket Academy is actively hiring to double its headcount by end 2021 to address global talent shortage of developers, expected to reach 85.2m in 2030 
  • Impact: 100% of students who graduate from Rocket Academy bootcamp course secure jobs 

SINGAPORE – News Direct – 31 August 2021 – Rocket Academy, a Singapore-based start-up providing online coding courses, today announced it has raised $1.1 million in pre-seed funding. The investment comes from a consortium of 50 marquee tech investors and venture capitalists including entrepreneurs Darius Cheung from 99.co, Marcus Tan from Carousell and Stanley Tang from DoorDash, former Singapore Ambassador to the UN Kishore Mahbubani, SEA tech leaders’ investment network XA Network, and VC firms Taurus Ventures and Hustle Fund. Rocket Academy will use this funding to grow the company into the leading coding school in Southeast Asia helping to address the current industry-wide shortage in software engineers.

 

Rocket Academy has developed two courses to date: Coding Basics, an introductory course for beginners to learn the basics of coding; and Software Engineering Bootcamp (SEB), which prepares students for a career in software engineering. All course material is pre-recorded for students to review and complete at their own pace. Rocket Academy holds regular live classes over Zoom for students to clarify concepts with instructors, apply learning in pair exercises and network with classmates. Classes are online allowing greater flexibility and efficiency, and the course platform allows high levels of engagement between students and teachers.

 

Kai Yuan Neo, Founder and CEO at Rocket Academy commented: “There is a mounting global talent shortage of developers around the world. As of December 2020 this amounted to 40 million developers worldwide. By 2030, that is expected to reach 85.2 million. Not only this but companies worldwide risk losing $8.4 trillion in revenue because of the lack of skilled talent. Rocket Academy exists to solve this equation and we are on a mission to scale further and faster.”

 

In addition to teaching, Rocket Academy helps its SEB graduates find their dream software engineering jobs through resume development, portfolio development and interview preparation. Rocket Academy leverages its network of companies sourcing for software engineers, makes referrals and helps set up job interviews for SEB graduates. To date, Rocket Academy has a 100% success rate in placing SEB graduates in software engineering jobs within companies and organisations such as 99.co, Xfers, Glints, GovTech, and GoTrade.

 

“Getting our students good jobs is our top priority. The better jobs our students get, the stronger our alumni network becomes, which enables us to find better jobs for future students,” said Kai Yuan Neo. “Over the past months the demand for our SEB graduates from businesses has doubled. So far we have successfully placed all SEB graduates. We are so confident that our SEB graduates will find coding jobs that we will refund their fees if they still cannot find a job 6 months after graduation.”

  

Although Rocket Academy is a small start-up, it has lofty ambitions – to train and supply the best software engineers in the region. Rocket Academy will invest its pre-seed funding in two key areas. First, further developing its flagship products, Coding Basics and Software Engineering Bootcamp courses. This involves strengthening course curriculum and improving the learning platform to boost the student experience. Second, expanding to new markets, specifically Hong Kong and Australia in the short term, other Southeast Asian markets in the medium term, and then globally in the long term.

 

To succeed, Rocket Academy will need the best software engineering and education talents to craft its student experience. The company prides itself on a work environment with highest-calibre peers, transparent company progress, decentralised decision making, and flexible work arrangements. Rocket Academy is actively hiring and targets to double its headcount by end 2021.

 

“Over the past 3 months we have seen a 10-fold increase in demand for our Coding Basics course and a 4-fold increase in demand for our SEB course. We are regularly in touch with businesses to understand technical skills that software engineers need. This allows us to refine our curriculum to make it relevant and appropriate for students looking for rewarding software engineering careers,” added Kai Yuan Neo.

 

“Rocket Academy is exactly what Singapore needs now. To get good middle-class jobs, young Singaporeans need to be globally competitive in the digital space. Rocket Academy provides these critical skills. This initiative couldn’t be more timely!” said Kishore Mahbubani, Former Singapore Ambassador to the UN and angel investor in Rocket Academy’s pre-seed round.

Annex 1 – Business angels participating in Rocket Academy’s pre-seed round

 

The following are notable business angels who participated in Rocket Academy’s pre-seed round. Some chose not to be listed.

 

1)    XA Network’s members from global and regional tech companies, such as Google, Facebook, Grab, Ruangguru, StashAway, 99.co, Affinidi and DataRobot

2)    Frank Chen, Founding Engineer, Coursera

3)    Jefferson Chen, Co-Founder, Group Chairman and CEO, Advance Intelligence Group

4)    Vicki Cheung, Founding Engineer, Duolingo, OpenAI

5)    Clarence Chio, Co-Founder & CTO, Unit21

6)    Tiger Fang, Co-Founder & CEO, Kargo

7)    Eric Feldman, Co-Founder, Bolt

8)    Veni Johanna, Head of Frameworks Engineering, Asana

9)    Joel Kek, Software Engineer, GovTech

10)  Shiyan Koh, Managing Partner, Hustle Fund

11)  Hendra Kwik, Co-Founder & CEO, Payfazz; General Partner SEA, Magic Fund

12)  Timothy Lee, Former Sequoia Partner

13)  Junxu Lye, Chief Product Officer & Partner, Endowus

14)  Kishore Mahbubani, Former Singapore Ambassador to the UN

15)  Alex Ng, Sino Group

16)  Daniel Ong, CTO, Care

17)  Jonathan Sim, General Manager Singapore, Flexport

18)  Hester Spiegel-van den Steenhoven, Former Head of Germany, 42 School

19)  John Tan, Founder & CEO, Doyobi and Saturday Kids

20)  Marcus Tan, Co-Founder, Carousell

21)  Stanley Tang, Co-Founder & Chief Product Officer, DoorDash

22)  Norman Wanto, Co-Founder & CTO, GoTrade

About Rocket Academy

Rocket Academy is an online coding bootcamp that trains software engineers and helps graduates find their ideal jobs. Rocket Academy has a Basics course for beginners and a Bootcamp course for aspiring software engineers. Rocket Academy’s comprehensive courses support students at every level as they progress to become professional programmers. For more information please visit: www.rocketacademy.co and follow via YouTube, Facebook, LinkedIn or Instagram.

#RocketAcademy

About XA Network

The XA Network was founded in 2018 as an investment network comprising senior executives from leading global and regional technology companies. Our purpose is to foster inclusive innovation by empowering the tech community in Southeast Asia.

XA focuses on early-stage investments. Founders value our members’ distinguished backgrounds as entrepreneurs and senior business builders. Furthermore, our portfolio companies are able to tap into the collective power of deep-rooted networks and expertise across business strategy, product development, and fundraising. XA has invested in a wide variety of sectors and over 30 companies since 2018, including Spenmo, Neuron, Sampingan, Intellect, and Bukukas. XA Network is also an LP in Vertex Southeast Asia and India’s latest fund. For more information, please visit www.xanetwork.co

Mayor of Vientiane Orders Curfew, Increased Covid Restrictions

Prime Minister of Laos Orders Vientiane Lockdown

The Mayor of Vientiane Capital has issued an urgent order increasing Covid-19 restrictions and imposing a curfew in the nation’s capital from today.

Quad Lock Accelerates Their Smartphone Mount Development with Ultimaker

3D Printing Enables Quad Lock to Keep Up with Shorter Product Lifecycles of Smartphones

SINGAPORE – Media OutReach – 31 August 2021 – Ultimaker, the global leader in professional 3D printing, today announces that Quad Lock, an award-winning smartphone-mounting solutions provider from Australia, utilizes Ultimaker 3D printing solutions to keep up with the shorter product life cycles of smartphones. For Quad Lock it is key to react quickly when new smartphone models come to market that require different levels of protection and vibration dampening from a smartphone bike mount. To stay ahead of competition, Quad Lock uses 3D printing to speed up the development of new mounts. This led to the development of the award-winning Quad Lock Vibration Dampener, already trusted by millions of bikers worldwide to protect, and stabilize their new smartphones in extreme use conditions such as motorcycling. Imaginables, partner of Ultimaker in Australia, served as a support partner to Quad Lock delivering various types of Ultimaker 3D printers.  

 

The latest generation of smartphone cameras hold multiple lenses, image stabilization, and AI software which rivals the sophistication of professional SLR cameras. However, they don’t always stabilize and perform well when mounted on motorcycles that produce high levels of vibration. To stay leading and have new products in market quickly that solve these issues, Quad Lock developed a flexible research, design and development process that is based on iterating quickly and gather lab and field test feedback almost as quickly as they can design and print a new part. Various types of Ultimaker printers were used to print prototypes strong enough to withstand hours of testing on a vibration test rig, from which the team gathered valuable feedback and data. This resulted in the Quad Lock Vibration Dampener, an innovative smartphone mount that fully protects and stabilizes the newest generation of smartphones models in extreme use conditions. 

 

Chris Peters, Co-founder & Chief Innovation Officer: “In some instances, it was possible to produce multiple design iterations in a single day, which inspired new levels of creativity and ingenuity in the team. Ultimaker’s 3D printing solutions helped us design a unique product with much lower development cost and time. The quick feedback loops and high strength of the 3D printed physical components allowed us to develop a solution that now serves millions of bikers across the globe. Additive manufacturing technology is here to stay and fully embedded in our design, prototyping and production processes.” 

 

Jürgen von Hollen, CEO at Ultimaker: “3D printing has become a genuine transformative business solution and Quad Lock’s award-winning Vibration Dampener project is an exciting proof point. This team has discovered the level of flexibility and sustainable value they can achieve with flexible technologies like 3D printing, which sets the company up for great continued success. They are in a market where things change at a fast clip. Their deployment of 3D printing is exemplary and no doubt one of their keys to continued market leadership.” 

 

About Ultimaker

Established in 2011, Ultimaker is on a mission to accelerate the world’s transformation to flexible, empowering and sustainable solutions. 380 employees deliver a platform that enables customers to take full advantage of the unique Ultimaker Ecosystem that offers the largest diversity of 3D printing products and services in the industry. Ultimaker provides a seamless integration of hardware, software and materials that simply works.

Read more in our blog on ultimaker.com


#Ultimaker

Digital Wallet Group enters Singapore to expand mobile remittance technology with acquisition of RediMoney Express

SINGAPORE/TOKYO, JAPAN – Media OutReach – 31 August 2021 – International IT and fintech company Digital Wallet Group (DWG) has expanded into Singapore by acquiring licensed remittance and foreign exchange company RediMoney Express Pte Ltd (REPL). REPL is a subsidiary of Asia United Bank (AUB), a Philippine-based and publicly listed universal commercial bank. DWG’s subsidiary, Digital Wallet Corporation (DWC), is the creator of Japan’s first and most popular mobile remittance application, Smiles Mobile Remittance (Smiles). This acquisition will allow DWG to expand Smiles in the Asia Pacific, serve more customers and boost its market presence in the region. The Monetary Authority of Singapore (MAS) has approved DWG’s acquisition.

AUB was appointed as DWG’s bank distribution partner in the Philippines in 2019, and the acquisition of REPL further cements their vital alliance. With this acquisition, DWG will bring its expertise in artificial intelligence and fintech to complement REPL’s counter remittance service. Additionally, DWG will give customers an enhanced user experience with its competitive exchange rate, convenience, affordability, speed, and 24/7 customer support.  

 

Eiji Miyakawa, founder and Chief Executive Officer of DWG, said, “Our entry into Singapore through the acquisition of RediMoney Express Pte Ltd is the fruition of a strong partnership with Asia United Bank. Furthermore, having a presence in Singapore is strategic to our global expansion plans in building traction with a sizeable migrant worker community. To serve these customers, we aim to build our Singapore operations and hire roles in customer service, sales and marketing within the next two years and from there, fast-track our expansion into North America and Europe.”

 

“With Digital Wallet Group behind the wheel of RediMoney Express Pte Ltd, we are confident that customers can continue to enjoy exceptional service as we expect DWG to stay true to its promise of bringing smiles across the miles,” said Manuel A. Gomez, President of AUB.

 

Since its launch in Japan in 2017, Smiles has built a loyal customer base among migrant Filipinos working in the country to become the number one mobile remittance service there. It expanded to the Philippines in 2019 with the acquisition of Speed Money Transfer Philippines, Inc (SMTP) and renamed its corporate name to DW Philippines Corporation.

 

Singapore was the second-largest source of remittances to the Philippines in 2020, after the United States. It contributed 7.2 percent, higher than Japan’s 5.3 percent and the United Arab Emirates’ 4.3 percent. Moreover, the amount of cash remittances by overseas Filipino workers based in Singapore has increased over the years, from US$1.4 billion in 2014 to US$2.15 billion in 2020.

 

Besides addressing access and convenience, the high cost of money transfers erodes the purchasing power of the receiving families. The UN Sustainable Development Goal Goal 10.c.1 aims to reduce remittance costs to less than 3 percent and eliminate remittance corridors with costs higher than 5 percent by 2030. Over the past two years, Singapore was among the lowest-cost corridors averaging 3 percent for remittance transfers to the Philippines, apart from Kuwait, United Arab Emirates and Spain. On the other hand, the highest cost corridors for remittances to East Asia and the Pacific Region averaged 13 percent.

 

Lowering remittance costs can become a reality with fintech players like DWG, which uses technology to offer security and convenience at lower rates.

 

Mr Miyakawa added, “With the global pandemic restricting movements and travel, mobile remittances have been a lifeline for migrant workers around the world to support their families at home. In addition, the digitalisation of remittance services through mobile has also helped unbanked individuals to have greater financial access. This motivation drives the purpose of our business to create a more sustainable and financially inclusive society to benefit our customers, their families and home countries.”


About Digital Wallet Group & Digital Wallet Corporation

Digital Wallet Group (DWG) is the holding entity of Japan-based fintech company Digital Wallet Corporation (DWC), the developer of digital remittance platform Smiles Mobile Remittance (Smiles). Using artificial intelligence, big data and mobile technology, DWC offers global money transfer and payment services, digital wallet, and mobile marketing. DWG operates in the Philippines through the acquisition of Speed Money Transfer Philippines, Inc. In 2021, it launched in Singapore with the addition of RediMoney Express Pte Ltd. The Group’s network of banks spans the Philippines, Vietnam, Indonesia, and Nepal. Visit us at www.digitalwallet.global and follow us on LinkedIn.

About Smiles Mobile Remittance

Smiles Mobile Remittance (Smiles) was launched by Digital Wallet Corporation (DWC) in 2017 and is Japan’s first and most popular mobile overseas money transfer service with over 2 million mobile application downloads. Secured by advanced technologies such as artificial intelligence and facial recognition, users can enjoy greater convenience, better value and efficient services. Smiles is the only financial platform offering mobile remittances with an integrated loyalty and referral programme in Japan. Visit us at www.smileswallet.com.

App name: Smiles Mobile Remittance

Available Device/OS: Android/iOS

Download on:

Google Play

iTunes App Store

#DigitalWalletCorporation

Global Payments Mobile Tap Launches in Taiwan

Solution turns Android devices into contactless payment terminals

TAIPEI, TAIWAN – Media OutReach – 30 August 2021 – Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software services, today announced the launch of Global Payments Mobile Tap, a new smartphone-based payment acceptance solution for merchants in Taiwan.

Sean Fu, Senior Vice President of Greater China with Global Payments Asia Pacific

Global Payments Asia Pacific Mobile Tap, a new smartphone-based payment acceptance solution for merchants in Taiwan

With Global Payments Asia Pacific Mobile Tap, merchants can turn NFC-enabled Android smartphones or tablets into portable handheld payment terminals, enabling contactless payments. 

 

With Mobile Tap, merchants can turn NFC-enabled Android smartphones or tablets into portable handheld payment terminals. The solution provides merchants and consumers with a digital, contactless payment option that addresses health concerns and evolving consumer preferences. According to the Market Intelligence & Consulting Institute in Taiwan, mobile payments have increased 42% in Taiwan since the pandemic began while cash payments have fallen 33.4%.

 

Payment use cases for Mobile Tap include delivery services, exhibition related businesses, pop-up stores, taxis, food stalls, home repair providers and more.

 

“We strive to provide cutting edge digital payment options to Taiwan’s small business owners and individual sellers,” said Sean Fu, Senior Vice President of Greater China with Global Payments Asia Pacific. “We pride ourselves in the role we play helping entrepreneurs build stronger local economies and vibrant communities. We will continue delivering market-leading payments and software solutions so businesses can cultivate their vision of success.”

 

Card association partners including Visa Taiwan and MasterCard Taiwan are the official solution providers Global Payments engaged to help offer Mobile Tap to merchants.

 

“The pandemic accelerated consumer digital payment adoption,” said Michelle Jao, General Manager of Visa Taiwan. “According to Visa Net data in July 2021, eight out of every 10 payments transactions in Taiwan were contactless. Our collaboration with Global Payments Asia Pacific will help businesses digitize their payments offerings and bring more efficiency to their operations, enabling them to participate in digital commerce as it continues to evolve. Visa will continue to support efforts to drive higher adoption of mobile payments, which brings greater financial inclusion to everyone.”

 

“The pandemic has wholly changed the payments ecosystem,” said Eva Chen, Country Manager, Taiwan Mastercard. “According to a Mastercard online survey, over 75% of consumers have been using mobile payment methods more frequently since the pandemic. Therefore, it is urgent to enable digital transformation for merchants. Our partnership with Global Payments Asia Pacific will help merchants from traditional markets and shopping areas — including taxis and street vendors — turn their mobile phones into contactless enabled terminals, allowing consumers to enjoy a secure and convenient payment experience.”

 

Soft Space, the official developer partner of Visa Taiwan and Taiwan MasterCard, also plays an important role in Global Payments Mobile Tap, providing front-end application development and back-end integration.

 

“The launch of Global Payments Mobile Tap in Taiwan shows that our solution fits even one of the most competitive acquiring markets in the world,” said Joel Tay, Chief Executive Officer of Soft Space. “Alongside Global Payments, Visa, and MasterCard, we’re helping the  contactless payment culture to thrive as merchants adopt our innovative, low-cost and secure payment technology.”

 

Global Payments has begun offering Mobile Tap to restaurants, food delivery and exhibition sellers. Others will be added on a rolling basis.

 

About Global Payments

Global Payments Inc. (NYSE: GPN) is a leading payments technology company delivering innovative software and services to our customers globally. Our technologies, services and team member expertise allow us to provide a broad range of solutions that enable our customers to operate their businesses more efficiently across a variety of channels around the world.

Headquartered in Georgia with nearly 24,000 team members worldwide, Global Payments is a Fortune 500® company and a member of the S&P 500 with worldwide reach spanning over 100 countries throughout North America, Europe, Asia Pacific and Latin America. For more information, visit www.globalpayments.com and follow Global Payments on Twitter (@globalpayinc), LinkedIn and Facebook.

#GlobalPayments

Taskforce Urges Public Not To Let Guard Down Against Covid-19

Dr Lattanaxay Phetsouvanh Urges Public to Comply with Covid Restrictions
Dr. Lattanaxay Phetsouvanh urges public to comply with Covid restrictions.

The National Taskforce for Covid-19 Prevention and Control has urged the public to comply with Covid-19 restrictions to avoid a third wave in Laos.