09.16.08

Paypal Certified Developer

Posted in E-commerce, Payment Gateway, Paypal at 5:12 pm by malcolm

Congratulation to our team member - Sunzi Lim, for successfully pass the test and now is officially a Paypal Certified Developer. This is another credential adding to neowave e-commerce team as we strive best to provide the best e-commerce solution to our business clients.

As you can see on the list, Sunzi, unfortunately, is not the first Paypal Certified Developer from Malaysia. Voon Chong has been a step quicker. Still, there’s only 2 Paypal Certified Developer in Malaysia so far and we know both of them!

okok. we better leave him alone for now as he’s busy working on Paypal Express Checkout, to be built into webShaper e-commerce - our de facto search engine friendly shopping cart software products!

Do you know Paypal is setting up their International Support (International means anything but US / UK) at Singapore?

So they are actually not too far from us in Malaysia. :) For those in johor, it’s even nearer. In the event Paypal block your account without any reasons, at least now you can take a cheap flight to Singapore and do something like this to them ( ;>

Disclaimer: We do not condone any violent act and we will NOT take responsibility for your “art work” as a result of reading this blog post. Bear in mind Singapore Cops are very efficient bunch.

Last but not least, we have news from paypal insider that Paypal might be able to supports withdrawals to Malaysia Business Bank Account in coming 6 ~ 9 months time (hopefully this time is for real…)! keep your finger crossed!

07.15.08

Paypal Super Easy Give Away for Bloggers!

Posted in E-commerce, Payment Gateway, Paypal at 10:04 pm by admin

Are you a Paypal users? Love it? Hate it? Tell us about it and walk away with a Limited-edition Paypal Car Sticker (stick on your car, when someone bump on you, tell them you take PayPal too) and additional USD 10 paypal directly to your account! It’s very simple to take part and we have ten set of such prizes to be given away!!! Just answer 2 darn simple questions and link back to us!

If you bang on me, i take PayPal too

Just answer 2 very simple questions about PayPal on Your Blog Post

1) Do you use Paypal to Shop, or to take money selling something (eg at ebay)?

2) Are you cashing the Paypal money out? if so, how do you do that? if not, what do you spend buying?

(TIPS: See how to cash out Paypal Money for Malaysia Folks)

Link back to www.neowave.com.my using Paypal Shopping Cart or Paypal E-commerce Software, and it’s done!

This simple competition is opened to any genuine bloggers who possess a blog and a PayPal Account (else we cannot PayPal the $$ into your account). PayPal is NOT directly or indirectly affiliated with this competition. Our decision is final.

Want to know more about PayPal? Checkout the slide below to learn more!

SlideShare | View | Upload your own

07.04.08

Paypal is 10 years old

Posted in E-commerce, Payment Gateway at 10:23 am by adrianoh

10 years in internet is a very very long time. Paypal has come a long way - setup 10 years ago as a personal finance beaming tool, now has become a world giant in online payment processing.

Just imagine, 9% of world online payment and 12% of US online payment are processed using Paypal. PayPal today has 7,000 employees around the world. It posted revenue of $582 million in the first quarter of 2008, up 32 percent from last year.

Checkout a history recap of Paypal and who’s behind the enormous success story.

http://www.paypal-10.com/

Don’t miss this interesting report on Internet Attitude, it might give you a glimpse on where the next huge growth engine lies (where else? internet of coz)

Download Paypal Internet Attitude Report

See our other Paypal Posts
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04.15.08

Exabytes Accredited Partner

Posted in E-commerce, Payment Gateway at 9:35 am by adrianoh

Exabytes.com E-commerce Partner

We are proud to be associated with Malaysia biggest hosting company - Exabytes as their E-solutions Accredited Partner.

It’s a strong testimonial & recognition for our product and service quality and kudos to all the team members for the good job done!

In case you don’t realize, our flagship product - webShaper e-commerce supports both Malaysia Payment Gateways listed as Exabytes Accredited Partners too.

And of course, both webShaper e-commerce & webShaper e-catalog are 100% compatible with Exabytes Ebiz Windows Hosting. Just buy and we will provide you the installation for free!

04.11.08

PC Fair 2008 - Start your e-commerce website now!

Posted in E-commerce, Payment Gateway, Web Technologies at 12:01 pm by finn

Check out our latest newspaper print ad below appearing on Star Intech. PC Fair is one of the most happening consumer event in Malaysia (only Matta Fair come close…), drawing tens of thousands of crowd and also multi-millions worth of business to the exhibitors in just over a 3 days period.

But heck, what happened after PC Fair? Don’t merchants want more sales and more importantly, repeat purchase? So do you offer them a way to order and buy from you again? After all, PC Fair is held only 3 times a year and each time it lasts for only 3 days. While on the Internet, consumers are hunting for deals (especially for technology products like Mobile Phones, Notebooks, Digital Cameras, PDAs, GPS devices etc ) 24 x 7 x 365 a year. Don’t you want to grab a piece of the market?

So if you are retailers, why don’t you set up your own branded online store and throw your own “PC Fair” anytime you like? The whole solution easily cost less than a 3-day booth pricing and it will help you generate more sales and becoming your ultimate marketing tool.

Below are just some eg of what our clients did - throwing their own pcfair. :)

www.orderzones.com

www.orderzones.com

www.renoraine.com.my

PDA, GPS, Mobile Phone Stores

www.notebookshop.com.my

www.notebookshop.com.my

www.freshgear.com.my

www.freshgear.com.my

www.ewarehouse.com.my

www.ewarehouse.com.my

Last but not least, our ad! Did i mention we will help you to Get Free Traffic if you are a technology product retailers purchasing our e-commerce solution during this promotion period?

pc fair only last for 3 days, why don\'t setup your own online store?

03.26.08

Top 10 ways to build Trust for your Online Store

Posted in E-commerce, Entrepreneurship, Online Marketing, Payment Gateway at 1:21 pm by adrianoh

Like Human Relationship, E-commerce is all about Trust

Building Trust for your e-commerce store

1. Building Trust via Web Design

First impression counts. It’s not a must for your online store to look pretty or stunning, however, it’s important that your design, layout, color tone etc tailored to the taste and expectation of your targeted group of online shoppers.

If you sell all sorts of products without a specific niche, you might want to adopt a simple & clean design to suit a broad base of taste. But if you sell baby or kids products, then you bet your site must appear to be cute and liked by all the young parents esp mothers! Remember, your design communicates trust subconsciously to the online shoppers! Make sure all products details are easily searched and accessible too.

2. Sign-up for Payment Services that Your Customers Trust

Online shoppers are intolerant with risk, if they have a single doubt about the security of the payment gateway you are using to process their credit card details, I can assure you that you will lose them as a customers almost instantly as your competitors are always a click away.

Bottom line, sign up a trusted online payment system widely recognized by your targeted customers. If you are selling Internationally, use something that’s recognized worldwide, eg PayPal or Worldpay. If you are selling locally, use whatever services that is well known and trustworthy in that particular country - eg Maybank2u for Malaysia, eNETS for Singapore or Protx for UK.

Lastly, don’t forget to put up related payment gateway logo on your website! Click here to download high quality Visa, Mastercard, Amex Logos to place on your store (Use it only if your payment gateway supports it).

3. Get Testimonials from your Happy Customers

Nothing beats genuine testimonials from your happy customers! What others say about you once is ten times more powerful and convincing than what you said about yourself a hundred times. That’s a true reflection of the power of Word of Mouth (WOM) marketing which you can apply to your e-commerce store.

So, grab some testimonial from your happy clients. Best if can get permission to publish their photo (together with your products if possible).

Customer Testimonial - Don’t overdo it!

4. Blog Your Way to the Top

Blog is probably one of the most interesting creation of the web. It’s a tool letting you share your thoughts or knowledge the informal way. It lets you connect with your customers or prospects and letting them having a peep at your wacky personality so they don’t need to hire paparazzi to hunt you down.

Why blog?

1) Dell also blog (ok..this probably is not really a good reason)
2) Expert always command trust and respect. It will help you to establish yourself as one of the perceived expert in your niche (works only if you share serious content and insights. no BS please)
3) Openly communicate with customers or prospects
4) Adding personal, human-touch into your store, telling them there are real people behind the website!
5) Good side effect - GYM loves blog so much that they will index your content almost instantly if you blog constantly with genuine content.

So, start blogging now! Take a look at how one of our customer - scrap-n-crop.com did it!

5. Buy a 3rd Party Trust Mark for your Online Store

The reality is, most people don’t feel completely safe when buying online, especially when buying from small and medium-sized merchants that lack a strong and widely recognized brand, like Walmart or Amazon.com.

Let’s take a look at the stats, 93% of U.S. online shoppers say it is important for an ecommerce site to include a trust mark of some kind on their site. In addition, three-quarters of online shoppers will only make purchases through sites that include a trust mark. Online consumers now are more security savvy than ever, they look for 3rd party logo, persuasive indicator telling them your store can be trusted. You want their business? Then get a trust mark for your store. Below are some of the options available:

6. May I know what’s your Business Policy?

When it comes to online purchase, customers have a lot of questions in mind - Is it safe to purchase from you? When will the goods arrive? Do you provide guarantee on that particular product? Is their data guarded securely? Without any of the information, how can you expect them to confidently press the “Add to Cart�? and “Checkout�? buttons? Below are some of the “must have” contents for your store.

  • About Us Page - Who’s behind the team? What’s your business philosophy? What story you have to tell?
  • Security & Privacy Policy - How do i know you are not going to sell my information to make extra cash?
  • Shipping Policy - Do you ship to my country?
  • Return & Refund Policy (if any) - Can I refund my goods if i’m not happy with the products within 30 days?
  • FAQs - Anything (almost) your online shoppers would want to know or probably will ask.
  • Contact Details - Where are you physically located? Can we get in touch with you since International call nowadays are so darn cheap thanks to VOIP technology. Tips: Put your phone number in International Dialing format if you serve International Market, and of course don’t forget to provide your time zone, you don’t want people calling you when you are having a sweat dream..

By putting all these details and making it easily accessible, you are helping the customer to help yourself, apart from trust it communicates, it saves you money and tremendous time in handling customer enquiry, it’s definitely a win-win situation.

7. Get your store listed on high quality, human-reviewed directory
Getting your e-commerce store listed in high quality, human-reviewed directory (not spammy link sites) is another good way to boost confident of online shoppers in your business. People trust the directory, and they trust the websites that has gone through the stringent review process and placed in the related categories.

Some of the directories worth considering are Yahoo Directory, Botw.org, Business.com and Open Directory.

8. Build Quality Store that confronts to GYM webmaster guidelines
Google Yahoo MSN Get FoundSearch Engines likes high quality websites that provide Quality and Unique Contents, same rules apply to e-commerce store. GYM (stands for Google, Yahoo, MSN - the big 3 Godzillas of search) have a set of quality guideline for website. Just follow the guidelines when it comes to preparing contents for your products or your online marketing efforst (eg link building, we will cover more in future articles) for your store.

Do it right, search engines will drive Free, Organic and Highly Targeted traffic (as they are searching for keywords related to your products) to your online stores which could mean extra leads and extra profit.

9. Always Show your visitors your Address and Contact Details

It’s amazing how many online stores don’t list their postal addresses and contacts. Ask yourself, would you even bother to buy from one website which you cannot locate the contact details? What if something goes wrong? If your customers don’t know who you are and where you live they might refrain from doing business with you. Don’t waste their time guessing - Give them the assurance they can trust you, show them where you live and how you can be contacted.

Take a look at our contact us page - We even show you how to get to our office using nice Google Map mashup. Click below to enlarge.

Location Map - Cheras Business Centre

Tips: If you are US Merchants, do you know you can submit your business contact details and get listed for Free? Check out

10. Always reply email PROMPTLY!

You will be surprised how companies treat email. My own experience, I contacted 5 vendors (all with websites & emails, obtained from yellowpages) for a price quote on the banner stands we are buying for exhibition purpose, guess what, only 1 bother taking time to reply, and of course they get our business. The other 4 we never heard of them until today.

Email is an important tool and we need to use it wisely, especially for e-commerce business as we use email extensively (from purchase confirmation until the email newsletter) to communicate with the customers. The speed of you responding to the customer matters, don’t forget to remind them to put your email (eg yourstore.com) in their email whitelist (approved list) so your email won’t accidentally blocked by SPAM filter.

Remember, how fast you reply genuine customer email (if you ever reply at all) makes a huge different on how “trustworthy” you are.

Summary
To sum it up, Trust is the most important thing when it comes to selling online. Trust is no doubt challenging & time consuming to build, you need to take a long term investment view and approach. Once the trust is built, it will lead to customer loyalty that generate more referral business and repeat purchase for you!

Start doing it now, show your visitors that your business is real and that they can trust you by using the tips above. Happy Selling Online!

03.15.08

Here comes Maybank Visa Debit Card

Posted in E-commerce, Payment Gateway at 11:22 pm by adrianoh

Visa Debit CardMaybank just launched a new visa debit card which ties to your saving or current account. Very likely this card can be used to withdraw Paypal funds.

Being Malaysia largest bank in terms of both market capital and internet banking users, this will mean a major push for debit card usage in the country. Interesting to watch is, will it hamper the bankcard (comprises of ATM, e-debit and MEPS Cash) initiative by MEPS, a so-called government flagship project in moving towards a cashless society?

Seems like there’s a lot of things a VISA debit card can do but the bankcard cannot. Strictly from a consumer point of view, i really don’t see any reason why i want to use Bankcard to spend instead of Visa Debit Card. So debit card will prevail, and below are the reasons why.

Below is a brief comparison of our very own bankcard vs Visa-branded debit card

  maybank visa debit card maybank bankcard edebit meps cash atm
  Visa Debit Card Bank Card
Online Shopping? Yes. As long as the website using a payment system supporting Visa Debit, eg WorldPay. Which a lot of ecommerce website does. Yes, but requires a special card reader and only works with website that supports MEPS Cash? my comment: forget about it, who will want to dig out extra cash buying a card reader & carrying it around just so “uncool”!
Buying things from shops around the world? Yes, it works like a credit card, the only difference is that the amount spent is deducted directly from your saving / current account. Looks like a VISA card, works like a check. You can only spend the amount you have in your account. Since it’s VISA, of course it’s accepted by merchants and worldwide. Restricted to Malaysia merchants only. according to Maybank, only about 2500 of them locally. So even if AirAsia can fly you to Goldcoast, you probably will find your bankcard “useless” there.
Withdraw your saving / current account money from any ATM? Yes, you can do this in any ATM worldwide supporting PLUS. This of course including our local banks ATM, most of them support PLUS. Limited. Only local banks ATM and also certain ASEAN country ATM only. This again provided the foreign bank ATM compatible with both MEPS and the local issuing bank. Eg only Maybank Bankcard support money withdrawal to Thailand, Singapore and Indoensia ATM. Again, if you are flying AirAsia to China carrying only bankcard, i wish you good luck.


Some related links and news:

Maybank Targets 1 Million Maybankard Visa Debit Cards In 12 Months

Maybank targets RM1b debit card spending by end-2008

MEPS in card tie-up with China UnionPay

Wise up to role of smart card

Learn more about history of Bankcard (history as in this supposedly an official website of bankcard is not updated as of time of writing, the promotion on the website dated back to 2005, hello…. directors, are you sleeping?)

Learn more about MEPS Cash

01.17.08

Paylink - new payment guy in town

Posted in E-commerce, Payment Gateway at 11:45 am by malcolm

Paylink - online payment gateway company from Taiwan

Heard of paylink? they are the new payment guy in town, the mother company of Paylink is actually a taiwan-based company called SunTech Co. Ltd. (their website domain is actually http://www.esafe.com.tw, and you can’t find it via Googling their Company name, funny, they need some serious SEO!)

usb emv credit card reader

Basically they are targeting those business with a mobile nature, the unique part of their solution is call EzyPay - it has an USB EMV credit card reader (see on your right, the inner part look something like picture below) than can plugged into your PC and hook up to their website and do a Card-Present Transaction! So what they offer is a direct competition with those of big local player like GHL.

Read the rest of this entry »

01.14.08

Mobile Payment in Asia Pacific

Posted in Mobile Commerce, Payment Gateway at 3:56 pm by adrianoh

mobile payment

An interesting white paper titled Mobile Payment in Asia Pacific by KPMG.

Maxis M-Money, Digi Remit and Mobile Money are mentioned in whitepaper. But wait… something missing in picture, where is mobile wallet?? never mind…

This is how they describe Mobile Money

An interesting twist on the payment gateway model has been provided by Mobile Money International (MMI), a small Malaysian company that focuses on enabling m-transfer functions (limited m-banking or m-wallet services). This is in contrast to the early Korean PG provider focus upon content and downloads - perhaps reflecting the more conservative, less digitally aware make-up of the Malaysian market. MMI’s transaction processing fee is between 1.0 and 1.5 %. in contrast to the existing bank rate of 1.8 to 3.0 %. By 2007, MMI had some 12,000 partner merchants. The largest partner merchant is Tenaga Nasional Berhad (TNB), Malaysia’s main energy provider, however, the vast majority of the merchants are small.

They are calling a RM 15 million seed-capital company a small company? Hmm… then most bootstrapped startup would be a pico company. Anyway, i think as far as KPMG is concerned, whatever company with turnover less than 1 Billion USD is considered small.

Read more by downloading the pdf file below

Mobile Payment for Asia Pacific - A study by KPMG

We personally think that Mobile Money is a great boon for e-commerce. It assures the merchant that the order is almost fraud-free. Thus it will render our Fraud Alert System (check out this innovative features newly introduced into webShaper e-commerce) useless.

I need to highlight that what Mobile Money is doing is NOT easy, they are trying to change the way people pay for goods and services and their biggest enemy is no other than the Status Quo.

Also adding to the tough challenge is, i think they have a tendency to complicate things - (Tell me what you think after you check through the slides, do you feel like signing up?) In my opinion, if you were to have mass adoption for your products and services, especially in the consumer field, you really need to make your stuff as simple and as no-brainer as possible.

Just like for software, people don’t like to check out documentation and if your stuff just works as they predict, they are happy! (and they think your stuff is good and this is where WOM starting to spread like wild fire) That’s why we are now working on Flash Demo for webShaper! Stay tuned!
Others related news on the Internet

Digi & Citi Malaysia Offer SMS Global Remittance Service

http://www.citigroup.com/citigroup/press/2007/071004a.htm

http://biz.thestar.com.my/news/story.asp?file=/2007/4/13/business/17425951&sec=business

Maxis M-cash in Maybank2u

http://www.maybank2u.com.my/maybank_group/products_services/others/m-money.shtml

http://biz.thestar.com.my/news/story.asp?file=/2007/5/8/business/17656075&sec=business

12.27.07

Selling Online using Paypal Storefront Widget

Posted in E-commerce, Payment Gateway, Paypal at 10:21 am by adrianoh

Not too long ago, Paypal launched the Paypal Storefront Widget, a virtual storefront that allows anyone (with a Paypal Account) to easily sell online, by embedding a storefront widget on any web sites - be it your blog, website, social networking profile page, or just about anywhere that accepts HTML code.

With this simple tool, Now everyone can really sell online (just like how AirAsia motto: “Now everyone can fly“), all you need are

1) a blog (we recommend blogspot or wordpress) or a facebook profile page or a simple website
2) a paypal account (don’t have it yet? Sign Up now for a Paypal Account, verify it using your Credit Card)
- if you are Malaysian, read more on how to transfer the Paypal balance to Malaysia Bank Account and turn it into Cold Hard Cash that you can spend us a nice meal for tipping you >:)

See the live sample below
===================

So, does it mean that neowave will be out-of-business soon? Well, far from true, :) if you are serious business merchant, you will want to go for a commercial grade e-commerce software like webShaper e-commerce to better manage and market your storefront.

Paypal Storefront Widget is designed for the masses, Customer-to-Customer (C2C) type of market, it’s a pretty simple (yet neat) tool designed to help casual sellers to sell on ad-hoc basics, and as a result, Paypal get more transactions and they earn more charging you a minor commission out of every single transaction!

Already have a Paypal Account, Logon to create your own Paypal virtual stores now!

More on widget coverage from the net

http://www.thepaypalblog.com/weblog/2007/12/the-paypal-stor.html

http://www.techcrunch.com/2007/12/03/paypal-launches-storefront-widget/

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