Cards & Payments
Rapyd partners with local payment players to launch service in India
It has partnered with local players to allow merchants to access 900 locally-preferred payment methods.
Rapyd partners with local payment players to launch service in India
It has partnered with local players to allow merchants to access 900 locally-preferred payment methods.
South Korea's credit card use shrinks 2.1% amidst the pandemic: report
Daily average use of contact-free spending jumped 12.7% from Feb to May.
Chart of the Week: COVID-19 hastens digital payments exodus in APAC
Business activities and consumer spending will further fast-track the growth.
Mastercard, Visa, payment networks launch online checkout solution in APAC
Customers need only to “click to pay” for their web purchases.
Malaysia's Instapay partners with Mastercard for e-wallet offering
They are targeting 100,000 users in the first year of launch.
Viet Capital Bank, 7-Eleven launch exclusive JCB Card
It subscribes customers to the loyalty programs of each company, respectively.
Myanmar Citizens Bank, JCB to offer co-branded debit cards
The new MCB International Debit Card offers discounts at 150 stories in Yangon.
Mastercard and fintech EedenBull extend partnership to APAC payments
The partnership will support the company’s rollout of its commercial cards platform.
Consumer spending to drive card payments in South Korea
The sector is posed to grow at a CAGR of 4.3% from 2019 to 2024.
Chart of the Week: Australia's card payments to grow 5% CAGR in 2019-2024
Even small merchants are now pivoting to cashless payments, says GlobalData.
Hong Leong Bank launches cashless payments campaign
It begins with traders from five markets in Penang adopting the solution.
Cambodia floats blockchain-based payments system
Users of the platform will see transaction time reduced to less than 5 seconds.
One in five Singaporean Visa cardholders buying online for the first time
Majority won’t revert back to using cash even after the pandemic is over.
APAC payments industry remains attractive to investors: analyst
The industry recorded 29 deals in Q1 from only 23 in Q4.
Chart of the Week: Almost half of Singaporeans prefer e-payment methods
PayNow is the top choice for 18.2% of surveyed consumers.
Default rates of credit card receivables in Japan to remain elevated
Annual default rates of credit card purchase rose to 6% in March from only 4.4% last year.
Chart of the Week: Health and safety concerns drive card payments growth in New Zealand
Card payments are expected to rise at a CAGR of 1.8% to $66b by 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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