Cards & Payments
Majority of Gen Z use credit cards: survey
They have a median balance per consumer of $555 (HKD4,316).
Majority of Gen Z use credit cards: survey
They have a median balance per consumer of $555 (HKD4,316).
Chart of the Week: Indonesian debit card payments to hit $32.3b in 2023
It has surpassed credit card payments in 2019.
Chart of the Week: Hong Kong card payments to hit $7.67b by 2023
The number of card payments is expected to hit 1 billion in 2020.
Indian card payments surge amidst cashless efforts
Total number of card payments quadrupled from 2 billion in 2015 to 7.8 billion in 2019.
Chart of the Week: Malaysian card payments to hit $81b by 2023
The interchange fee cap and adoption of new financial tech is helping reduce cash reliance.
Nearly 1 in 3 Singaporean millennials prefer cashback cards
Cashback cards are preferred due to their instant benefits.
Gojek amps up fintech ploy in Indonesia
Its acquisition of fintech startup Moka will improve monetisation or merchants in GoPay.
Who's winning in ASEAN's cashless race?
According to Standard Chartered, cash and cheques still reign supreme although evolving customer expectations are prompting incumbents to rethink of...
Grab launches Asia's first numberless card
It offers better card security an expanded rewards system.
DBS rolls out QR payments in 27 Singapore hospitals
DBS has worked with three healthcare clusters on the payment infrastructure.
Kasikornbank introduces QR and barcode payment scheme
It will provide merchants with a one-stop app to various QR and barcode mobile payment providers.
Cards gain traction in cash-heavy Japan
Total card payments value will hit over $750b by 2022, according to analysts.
Which credit card enjoys the highest customer satisfaction rate in Singapore?
AMEX pulled ahead of DBS and PSOB.
Chinese banks risk losing $61b revenue in payments by 2025
Digital payments and non-banking payment service providers are displacing them.
UOB launches QR-code payments for cash-on-delivery
It aims to reduce fraud risks for corporates, of which two-thirds still receive cash from buyers.
Bank of East Asia forges digital banking partnership with five firms
Customers can apply for loans and purchase products online in these platforms.
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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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