Amazing as it may sound, some Asian companies still rely on paper-based systems for managing payment. But the good news is that a lack of technology usage among Asian companies is now allowing them to leapfrog their Western counterparts. By not being burdened with outdated technology, they are less constrained when it comes to upgrading their platforms. And they are able to implement the most up-to-date systems available on the market. This is especially true for internet and mobile technology.
“For Western companies it is a case of deciding whether it is worth upgrading legacy systems to enable services to be delivered via mobile or web,” said Richard Davies, Asia-Pacific...