In recent years, the covid-19 pandemic, geopolitical tensions, and disruption of global supply chain has accelerated the pace of digitalisation in businesses. These businesses are moving online and adopting alternative payment solutions to meet the challenges of rising operational costs including inefficient cross-border payments. In tandem to this paradigm shift, the growth of Web3 provides better technology for alternative payments including the use of blockchain for payment and settlement. As Web2 and Web3 converge, there needs to be a fundamental payment infrastructure provider like SenSen to facilitate these ongoing transactions and the transition of companies moving from Web2 to Web3. On the other hand, consumers are constantly looking for better payment and remittance solutions that allow them to spend globally with minimal friction. This is the golden opportunity for businesses to take advantage of SenSen Pay to meet the market challenges and needs.
