A new study from Checkout.com, the leading cloud-based global payments solutions provider, reveals 95 percent of consumers in the Asia-Pacific (APAC) region have shopped online or used an app more than twice in 2020. Majority of them have spent more money online since the start of the Covid-19 pandemic, and more than 88 percent expect to sustain or increase to higher spending levels. This has led to the observation that APAC has experienced an “e-commerce bull run” since the onset of the global pandemic.
These findings form part of Checkout.com’s Payments Optimization in APAC report, a comprehensive look at how payments and e-commerce innovation is rapidly spreading across the region, revolutionizing how consumers shop and setting the standard for other geographies to follow.
The research, conducted by Checkout.com in partnership with YouGov, is the result of an in-depth study…
