Allied Wallet Becomes a Leader in the Payment Space Offering the Best Solutions for Merchants and Consumers

Allied Wallet is one of the largest providers of mainstream online payment processing in the world. It boasts a global payment gateway infrastructure which helps to reduce fraud and ensure cyber security. Founded in 2002, Allied Wallet has come a long way to build a name in the tech world as it seeks to transform online shopping experiences.

The company is in constant motion to unleash new possibilities for the payment industry. It was featured in The Technology Headlines where the company’s CEO, Dr. Andy Khawaja, shared a lot about the future of the company. He has been named ‘Iconic Figure of Finance’ in last year’s monthly issue of CEO Monthly. The senior executive was recognized for his ability to press towards the future of digital payments and exemplary leadership that has enabled the company to overcome the challenges it faced and realize excellence.

Allied Wallet has been at the forefront of efforts to revolutionize the e-commerce sector leading the financial technology industry. It leverages innovation, advances and forward-thinking company culture to realize success. The company has faced its share of challenges since its inception but it has been able to press on and achieve success in creating better payment solutions for consumers and online business owners. According to Dr. Andy Khawaja, they have been challenging the status quo to grow and evolve.

The company is also bringing AI technology to the payment space in an effort to create the online shopping standards of the future. Dr. Andy Khawaja and the entire management team recognizes that it will take a collaborative effort to get there. The company’s leadership style involves empowering its employees. They are concerned about the happiness of their staff. The company culture has also been upheld across their offices in locations such as New York, Los Angeles, Frankfurt and many more. Allied´s culture involves positivity and freedom helping achieve companywide success. Today, merchants are able to accept global payments because the company offers PCI compliant merchant services leveraging state-of-the-art payment gateway. The gateway optimizes businesses such as supermarkets, restaurants, car rental companies and hotels. Going into the future, Allied Wallet anticipates to continue evolving as what the venture holds for it unveils.

More interesting facts at https://www.youtube.com/watch?v=wOefYWsglbA

Richard Liu Qiangdong And The Success Of JD.com After Being Forced To Switch To Online Retailing

Richard Liu Qiangdong talked about his company, JD.com at this year’s edition of the World Economic Forum Annual Meeting, bringing up the early beginning of his business, the current state of it, and future plans for expansion. Liu is the founder and Chief Executive Officer of one of China’s largest e-commerce platforms, JD.com, a business worth $60 billion. Liu’s success in the world of retail made him a billionaire, having a net worth of $11 billion according to Forbes.

 

Liu graduated from the Renmin University of China with a degree in sociology, and also earned an EMBA from the China Europe International Business School. Richard Liu Qiangdong opened his own store in 1998, due o the fact that his family’s business was not going well and they needed to pay for medical care for his grandmother, and he did not have the necessary money to set up a business abroad. His 4 square meter store sold computer accessories and proved to be a successful business. By 2003 he expanded his operations to 12 stores, but because of the SARS outbreak that forced his staff and customers to remain house-bound, he had to close all his stores by the end of 2004.

 

Out of necessity, Richard Liu started retailing online, and recognized that the logistics costs were lower and that e-commerce was trend for the future. Initially, the platform sold IT products and mobile phones, due to the limited amount of cash, but every year they kept adding new products. Nowadays, the company has 500 logistics centers and 167,000 employees, the platform’s most popular products being consumer goods, foods, and fashion-related items. Go To This Page to learn more.

 

Regarding the expansion of JD.com outside of China, Liu considers that it will take several steps, the first of which is bringing the best products to China, and then expanding to Southeast Asia, followed by the Middle East, Europe, and with American being the final goal. He brings up the fact that in the past it was thought that American companies have a difficult time breaking into the Chinese market, but he believes that nowadays the roles have reversed, and that it is more difficult for Chinese companies to break into the United States market.

 

See Also: https://www.crunchbase.com/person/richard-liu-e9b4

JD.com’s Effect To China’s Retail Industry

JD continues to diligently serve its over 300 million customers who seek both online and offline retailing services. One can’t fail to mention JD.com when talking about online retailers in China. The e-commerce companies also referred to as “Jingdong”, is the best stop for online shopping as customers order and get their products swiftly.

 

The online retailer recently introduced an eco-friendly packaging program, which allows customers to use reusable packaging during the delivery of the products ordered. Clients who purchase both small and medium-sized parcels can use the eco-friendly packages. JD.com is conscious about the environment and aims to minimize the costs.

 

Their recent step in the article “JD.com Launches New Reusable Package Initiative” is a big one. It signifies that the company has put their full force behind making the company a truly environmental company.

 

Use of the packaging by just 10% of the clients will lead to saving 32.5 million RMB. the best thing is that this is optional for JD.Com clients. Those who wish to use the packaging need to return the green box after every delivery. The environment-friendly packaging can be used about 10 times. There is a bonus for clients who choose the reusable packaging; one gets awarded with Jingdong loyalty points, that can be redeemed for JD.Com products. Visit This Page for related information.

 

The company has also partnered with SMEs, in a quest to improve active warehouse management systems. JD.com set up JD Cloud Warehouse Management Solution, a cloud-based supply chain management solution that helps businesses get more customers and orders. It is a remarkable solution as businesses are able to easily and effectively supply commodities and have prompt and successful operations. Jingdong blockchain tracing program has made it easy for clients to trace the origin and development of the goods and food they order.

 

JD’s commitment to its customers is one of the reasons it remains at the top in the e-commerce industry in China. The company is planning on launching an advanced research center in Xiongan with the aim of focusing on futuristic automation technology for urban logistics. Jingdong is a force to reckon with and its contribution to China’s economy can’t be ignored.

 

Watch them on https://www.youtube.com/channel/UCj1O__aZW_05RdTCL8E3kUA