Cards & Payments
10 overseas e-wallets now usable in China
Alipay+-in-China’s programme added seven new Asian e-wallets.
10 overseas e-wallets now usable in China
Alipay+-in-China’s programme added seven new Asian e-wallets.
JCB, Indonesia’s BNI launch credit card with focus on dining
Cardholders will get a $974 cashback if they spend $9,750 across a certain period.
170 int'l wallets accepted by UnionPay, China
Hong Kong and Macau residents can now use UnionPay App, Octopus card, and BoC Pay.
APAC leads globally in terms of cashless transactions – Survey
Evolving risks like geopolitics and cybersecurity are a call for better cash management services.
National Payments Corporation of India, Fonepay tie up for cross-border QR-code
Both companies have completed operational preparations.
YouBiz unveils multi-currency corporate cards in Singapore
The card can be issued in 9 currencies without FX fees or monthly subscription fee.
Australia’s Zip teams up with Primer to accelerate US expansion
Primer is expected to help drive distribution of Zip’s BNPL services in the market.
Citi makes new appointments in APAC treasury and trade business
Sumanta Panigrahi is the new APAC TWCS head, whilst Thus De Silva is the new APAC head of commercial cards.
ASIC to take PayPal to court for unreasonable term in SME contracts: Report
The regulator sees it unfair for PayPal to put a penalty over its own overcharging errors.
Grab-owned digital bank scores Bank Negara Malaysia approval
The bank started operations last 1 September.
Alipay+ touches down in the Philippines revealing three new mobile wallets
It will be made available to merchants in Manila and Cebu.
Card payments in New Zealand to grow 6.5% in 2023:GlobalData
It will reach about NZ$102.4b.
Indonesia, Malaysia, Thailand ink MOU for cross border bilateral transactions
The new framework is expected to synergise with cross-border payment initiatives.
PayPal is most popular digital payment option in Asia: study
In the BNPL space, Klarna, Atome, and Afterpay are the region’s most popular choices.
India’s card payments market to rise 28.6% to $337.1b in 2023
Consumers in India are increasingly embracing electronic payments, GlobalData said.
SEA payment transactions to climb $54t by 2027 – report
Vietnam and Indonesia will have the biggest share in payment transaction volume.
Survey shows half of commuters in APAC need a more efficient way of paying their fare – Visa
About 45% of commuters from APAC were open to fare capping if implemented.
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Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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