With the development of online payment systems, Vietnam has also witnessed a large number of online payment gateways being born. The competition among them is very fierce. A payment gateway is required to handle a huge number of transactions on a daily basis. The number can range up to millions per day, and the transaction volume can be even more than that. Vietnam’s eCommerce market is on the rise, with an estimated $6.388 billion in revenue by 2024. The Vietnamese commerce industry is expected to grow 30% between 2022 and 2025.
Read more ...Loyalty programs are used to reward customer behavior and increase customer engagement. Any customer who has purchased a product once can be considered a loyal customer - those that return for more. Companies who can keep customers loyal are those who use loyalty programs effectively. Loyalty programs can be an effective means of driving customer loyalty and retention, which helps an organization generate revenue, increase referrals and achieve overall growth. These programs typically require less overhead than acquiring new customers and tend to help organizations avoid additional marketing costs in the long-term. Loyalty programs are especially helpful for existing clients, who continue to source products or services from their favorite businesses even after they've made a purchase.
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