Economic & Trade Risk Insights
 

Buy Now, Pay Later: it’s a consumer financing model that has become indispensable to the success of B2C websites. By offering consumers the prospect of delaying their payments – at no extra cost to them – retailers can dramatically boost e-commerce conversion rates and keep customers coming back for more (as long as customers pass an instant credit check, of course).   It’s a phenomenon that’s now gaining momentum in the world of business-to-business e-commerce, where e-merchants still typically require customers to pay in full with a card at checkout rather than via the kinds of deferred payment methods – such as net 30 or 60 days – that are the hallmarks of offline B2B trade.   So what kind of capabilities and business advantages give B2B e-merchants the confidence to grasp the BNPL opportunity? Here are four compelling features that are driving BNPL adoption:

Trade risk refers to the potential for financial loss or negative consequences arising from fluctuations in the value of goods or services traded between different countries. Read the article and know how to manage trade risk! 

By offering BNPL financing to customers, e-merchants can increase e-commerce conversion rates, foster loyalty and grow sales – without putting cash flow at risk. Discover how

Welcome to my last blog of the year! We recently published our latest quarterly global economic outlook, which can be found here. In today’s blog post, I will walk you through the main conclusions before focusing on the regional economic outlook for Asia.   Welcome to my last blog of the year! We recently published our latest quarterly global economic outlook, which can be found here. In today’s blog post, I will walk you through the main conclusions before focusing on the regional economic outlook for Asia.     Françoise Huang Senior Economist for Asia Pacific and Global Trade   EMAIL FRANCOISE  

The global B2B e-commerce market is six times larger than that of B2C. It is projected to grow at 17% CAGR until 2027 with market size reaching EUR21 trillion. While 95% of B2B buyers prefer paying on credit terms just as they are able to when buying offline, however, only less than 10% of e-merchants offer such option. As research shows that 29% of buyers opt to abandon their shopping carts if their preferred payment option is not available, e-merchants are hurrying to bridge this gap. 

 China is currently experiencing its worst Covid-19 outbreak since 2020. Recent catalysts led to protests across the country. Economically, what does it mean?   Andy Roo Country Manager at Allianz Trade in South Korea   EMAIL FRANCOISE