Cards & Payments
Singapore payments to hit $114b by 2030
Singapore payments to hit $114b by 2030
Transaction value reached $39b in 2023 and is projected to grow 16.3% annually.
in 11 hours
Thai cash handout to lift finance company debt collection and asset quality
The campaign will boost mid and low-income earners and alleviate their cost of living.
3 days ago
Philippine SMEs can issue virtual prepaid cards in five minutes
Paymongo provides the service whilst Paymentology and Mastercard provide the licensed framework.
3 days ago
HSBC and Mastercard pilot AI agents for automated e-commerce payments
It automates procurement and payments between corporate buyers and suppliers.
4 days ago
APAC cross-border payments stay upbeat as Japan lags
Hong Kong posted the highest positive share at 69% followed by Thailand at 67%.
5 days ago
BofA to launch cross-border real-time payments via Swift and CashPro
It will connect with several real-time payment networks globally.
6 days ago
India’s UPI goes live at 4.5 million Cambodian merchants
Indian travellers can now pay via QR payments in Cambodia using their UPI app.
6 days ago
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Being token-ready involves much more than switching on wallet acceptance.
6 days ago
Thailand payments forecast shows 36% CAGR through 2032
Cloud-based services are projected to post a 38.58% CAGR from 2024 to 2032.
TenPay Global lets foreigners send remittances to China via WeChat
TenPay’s cross-border remittance platform has over 60 partners globally.
DBS Remit adds Weixin Pay as transactions surge eightfold
Average ticket sizes have grown to over S$800 since February.
India wallets crush cards with 68% online share
UPI helped push wallets ahead of every other online payment method in 2025.
US$1t unused credit card points risk losing redemption value
Tribuescape says airlines and hotels can expire balances or change redemption rules without warning.
Thai cash handout boosts Krungthai Card despite weaker card spending
Management is confident that customers will be able to make minimum payments.
Australians spend $4.02m monthly on AI subscriptions: Westpac
Customers spend A$37 per month on average, based on credit card data.
Kasikornbank targets 24/7 USD settlement with Ant International
They will use Kinexys by J.P. Morgan’s blockchain deposit accounts.
Digital wallets seize 65% of APAC payments
QR codes and low cost smartphones pushed wallet adoption across the region in 2025.
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Monitor Deloitte's Prashant Krishnan urged banks to transform their relationship models to meet these demands.
Commentary
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge