Cards & Payments
APAC real-time payments to grow 14% through 2027
Over 49 billion RTP transactions were made in APAC throughout 2022.
APAC real-time payments to grow 14% through 2027
Over 49 billion RTP transactions were made in APAC throughout 2022.
MAS grants Wallex new services in addition to MPI license
The new services come on top of its Major Payment Institution (MPI) license.
Hang Seng, Mastercard to launch the MMPOWER touch card
Cardholders can earn up to 5% +FUN Dollars whilst spending online and offline.
Alipay+ available to Asian tourists for Barcelona, Madrid Clarins purchases
About 60% of Clarins Spain shoppers are from Asian nationalities pre-pandemic.
Worldpay terminates OxPay deal over alleged clause breach
The termination could affect the company's financial standing end-2023.
TaishinPay QR payment now available in South Korea
The Taiwanese digital service also plans to include two-way ATM withdrawal capabilities.
Japan’s card payments market to be worth $742.2b in 2023
Growing consumer preference for electronic payments will push a 7.5% growth in value.
Mastercard links with Indonesian Telecom firm for digital payments
Mastercard and Indosat Ooredoo Hutchison (Indosat) have formed a strategic partnership to enhance Indonesia's digital payment landscape.
UnionPay users offered Laos-China Railway discount
Promo period is only until 15 August 2023 and is usable for 15 discounted transactions.
Mobile wallet payments in India to hit $5.7t in 2027
The value of mobile wallet payments doubled from 2018 to 2022.
Hang Seng Bank, Visa to test CBDC use cases in Hong Kong
The three will collaborate to explore the feasibility of tokenised deposits.
Filipino Q1 credit card spending jumps nearly half from previous year
This was the highest recorded amount since the start of the COVID-19 pandemic in 2020.
Visa taps seven APAC startups for digital payments innovation
Startup companies were chosen from India, Mainland China, Thailand, Singapore, and Germany.
Public Bank launches cross-border QR payments to Singapore
Merchants and individuals can exchange payments to and from either country.
Kakao Pay beset with 2 hour service disruption
This was subsequent to its the messaging app’s recent cyber disruption.
UOB unveils exclusive wine pairing dinners for cardholders
Cardholders can also attend invite-only wine masterclasses.
Foreign JCB cardholders offered Tokyo Tower discounts
They can avail a 30% discount on the admission fee until 30 April 2024.
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Technology to underpin future of financial services
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Banking Technology
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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