How PayCly is Reshaping Online Credit Card Processing in Malaysia

How PayCly is Reshaping Online Credit Card Processing in Malaysia

In the rapidly evolving world of online transactions, the ability to process online payments seamlessly and securely is a game-changer for businesses.

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Understanding the Dynamics of Online Payments in the Malaysian E-Commerce Market with a Spotlight on Credit Card Processing

Understanding the Dynamics of Online Payments in the Malaysian E-Commerce Market with a Spotlight on Credit Card Processing

In Southeast Asia, Malaysia is one of the fastest-growing e-commerce markets. According to GlobalData’s E-Commerce Analytics report, between 2022 and 2026, Malaysia's e-commerce sales are projected to expand at a compound annual growth rate (CAGR) of 16.1%, reaching MYR69.3 billion ($16.6 billion) in 2026. As a result, Malaysia has been witnessing towering numbers of online payments in recent years.

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