The kinds of businesses that thrived during the peak COVID period.

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There has been a recent increase in the rate of affected people with COVID-19. The recent increase can be said to have influenced by people’s unwillingness to stick to the preventive measures and the government’s poor planning towards it.

The previous spike in the cases that allowed for the temporary lockdown of sectors in the economy gave birth to improvement in such particular services and digital transformation of others.

The kinds of businesses that thrived during the peak COVID period Brandspurng

Here are businesses that thrived in the Covid 19 period and would be enhanced again if there is going to another temporary shutdown of sectors in the economy.

  1. Online Workouts

The Covid 19 pandemic though a negative factor was seen as an opportunity to experiment with online gym or workout classes. For several months, visiting the gym was out of the question as people were banned from visiting crowded areas such as the gym.

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Some Gyms looked at this setback has the opportunity to create online classes for those who like to workout at home. This opportunity is not to be thrown into dustbin as it is a source of revenue stream and can be expanded upon.

2. Food Deliveries

For a while, people were not allowed to seat in restaurants and Hangouts to eat and this accelerated the need for more food to be delivered. Smart restaurants would work out how to improve their logistics this period.

They should be asking questions on whether they should own their logistics or delivery vehicles or still outsource. For some this an opportunity to encourage more of food delivery and less of eating within the restaurant.

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Food delivery increases the chances of getting more food sold however, there have been issues of the food not being warm on arrival. Anyone who solves this issue during the period is going to deliver great value to consumers and make more in this food delivery business.

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Food delivery probably has a soul of its own from the restaurant and should be treated as such to help increase the value that can be gotten from there.

3. Liquor Stores

In as much as Bars were banned from entertaining customers, alcohol was still selling and people were even storing them in their homes. Alcohol just like food never goes out of business.

4. Private Delivery Services:

There was a lot of deliveries going on during the lockdown period and people needed to get items across as soon as possible. This need to give rise to people who got personally help you deliver whatever you need delivering at a low cost.

5. Gadget Repairs and sales:

A lot of gadget was sold during the period. Those with malfunctioning laptops for example saw the need for a new or used laptop while others repaired theirs. This also applied to phones. Computer and Phone accessories were also bought to make the home feel more comfortable especially for those working from home.

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The Covid 19 pandemic brought a lot of negative effects on the economy and the population, it created setbacks for people but it also created opportunities for others.

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The kinds of businesses that thrived during the peak COVID period. - Brand SpurThe kinds of businesses that thrived during the peak COVID period. - Brand Spur

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The kinds of businesses that thrived during the peak COVID period. - Brand SpurThe kinds of businesses that thrived during the peak COVID period. - Brand Spur

Latest News

Securing Payments in Asia: Omise Integrates the EMV 3DS 2.2 Protocol Using Netcetera’s 3DS Server

Securing payments in Asia with latest 3-D Secure technology - Omise integrates the EMV(R) 3DS 2.2 protocol using Netcetera's 3DS Server

 

ZURICH, SWITZERLAND and SINGAPORE - EQS Newswire - 27 January 2021 - 

Securing payments in Asia with latest 3-D Secure technology
Omise integrates the EMV 3DS 2.2 protocol using Netcetera's 3DS Server


The Payment Service Provider Omise has implemented the Netcetera 3-D Secure Server to secure online payment transactions in the APAC region. Netcetera, a market leader for digital payment solutions, offers certified products for 3DS payment processing, and promotes secure and frictionless consumer authentication. With the go-live beginning of January 2021, Omise is among the first PSP customers to implement the latest EMV(R) 3DS 2.2 protocol, enabling them to increase the approval rates and reduce fraud.

PSPs, merchants and acquirers need to reduce the risk for non-authenticated transactions, associated refunds and lost revenue, while at the same time establishing a frictionless flow and improving the cardholder experience during online shopping. Finding the right balance of serving both security and convenience is a challenge.

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To successfully address this challenge, Omise decided to implement the network-certified and PCI-ready Netcetera 3-D Secure Server on premise solution. They are among the first PSPs to implement the 3DS server with the latest protocol EMV 3DS 2.2. Jatuporn Pinnuvat, Head of Product Innovation at Omise, says: "After a thorough evaluation and investigation of different suppliers and products, we decided on Netcetera with their flexible, agile and independent payment offering. We consider their 3DS server as the most reliable and viable product to support secure and convenient transactions. The implementation was smooth and efficient, and we were able to save a lot of time and effort thanks to the comprehensive technical documentation, educational webinars and Netcetera's professional support."


With their strong presence, providing service to thousands of merchants in the APAC region, Omise is a major player in the payment industry, and drives security and convenience of online payments together with Netcetera. Kiril Milev, Managing Director of Netcetera's location in Singapore, says: "We are convinced that we can bring value to the payment industry with our certified and state-of-the-art products, driving e-commerce payment forward. With this implementation at Omise, we are able to strengthen our presence in the APAC region". Ivan Ong, responsible for sales and business development in the area for Netcetera, adds: "We are committed to adapt our products to new regulations and protocols and are always among the first to be compliant. We are happy to count Omise among our customers, and as one of the first to implement our server with the latest 3DS 2.2 protocol."


Note:
EMV(R) is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.

About Netcetera

Netcetera is a global software company with cutting-edge IT products and individual digital solutions in the areas of secure digital payment, financial technologies, media, transport, healthcare and insurance. More than 2,000 banks and issuers, and 150,000 merchants rely on the digital payment solutions and globally certified 3-D Secure products of the market leader for payment security. The owner-managed company covers the entire IT lifecycle, from ideation and strategy to implementation and operation. The balanced combination of the latest technologies and proven standards ensures investment security, from large-scale projects to innovative start-ups. Founded in 1996, Netcetera is a holding company with 700 employees and is headquartered in Zurich, Switzerland, with additional locations across Europe, Asia and the Middle East.


Further information: netcetera.com

About Omise

Established in 2013, Omise is a payments platform which provides businesses with a modern end-to-end infrastructure to accept, process and disburse payments online. Working with Omise, merchants have access to powerful payment tools, comprehensive risk management solutions, as well as connection to card networks and consumers' preferred payment methods. Omise enables revenue growth and seamless payment experiences across online, in-store and in-app.


Omise is present in Thailand, Japan and Singapore. The company is the payments platform of choice for thousands of brands today.

Further information: omise.co

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