Payment changes in the online shopping industry

Shopping has never been this great; we now have an alternative option to go online. It's actually rare for customers to have control on time over their shopping experience. Anyone with an unfixed schedule will surely love having this kind of option for them. These are the customers that are seeking opening and closing time flexibility from traditional malls. Since they are unable to attend mall time schedule like normal customers in the country. Probably due to their time demands at work, it doesn't help them on their shopping.

However, this is truly an issue that anyone would welcome if there is a work around that exists. They are the ones who can't shop whenever they want. It's really a challenge for some customers who don't have control on their time. The industry in Ecommerce is beginning to reach its peak. Nowadays, everywhere you look online there is an online store you can go to. Since last year, online shopping started to explode in the online scene. It only changed last year when Lazada was published online. It's the first time that an online mall was launched in the country. They are also available in other big countries in South East Asia. Their online presence really influenced the Ecommerce industry as it begun to rise. Everyone started to realize its impact on the Asian market. It was a great timing for them since the competition was almost zero. It’s a challenge for anyone to penetrate the local online market. It was a new alternative for the local online community that's why online shopping never panned out prior to Lazada's arrival in the country. Customers were actually afraid to use their credit card details since hackers may still their identity and use it for their personal gain. It's actually hard for any Ecommerce company to penetrate the local online market since most of the population is not credit card owners. This really influenced the rise of Ecommerce in the country from the previous years.

We all knew it has been around since the early 2000, but not everyone have tried it yet. The problem here is that we think of it as a risk rather than a reward. Another problem we have is that we don't trust online stores right away; therefore it made the Ecommerce growth slower. Getting scammed is always in our mind since it is no secret to anyone. These are enough reason for any company to convince themselves that it will be a challenge for them. On the other hand, Lazada was actually prepared when they arrived in the country since they offered a game-changing alternative payment method. They introduced Cash on Delivery or C.O.D. that allowed any of their customers to pay in cash instead. This allows customers to only pay them only after they receive the delivery of their orders in real time.