Cards & Payments

15 Jan 19
The central bank has yet to issue formal acknowledgment.
15 Jan 19
It will allow cardholders to exchange every NTD from cash rebate for two airline miles.
13 Dec 18
The bank will tap on the latter's 44 million users to grow personal loans.
12 Dec 18
Banks are considering additional fees as it aims to speed up e-payment adoption.
7 Dec 18
It is initially available in Australia, Hong Kong, the Philippines and Thailand.
19 Nov 18
Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.
13 Nov 18
Customers can pay and top up their GrabPay wallets directly from their UOB bank accounts.
12 Nov 18
The collaboration will extend to other SEA countries.
8 Nov 18
Rewards programmes have room for improvement.
7 Nov 18
Although the amount of nonbank third-party payment skyrocketed 480% from 2014-2017, mobile payments by banks rose by 798% over the same period....
5 Nov 18
Cardholders earn one reward point for every NT$5 spend and points have lifetime validity.
30 Oct 18
Fujitsu has been tapped to develop the application.
29 Oct 18
Users can transfer money through DuitNow by December.
26 Oct 18
It cuts transfer time from 1-3 days to within the same day.
24 Oct 18
The region's e-payment transactions are up to 65% lower than Europe's.
22 Oct 18
Strong balance growth in China is cementing the region's dominance.
17 Oct 18
Entities would need a banking license first before using deposits to extend loans.
11 Oct 18
Around 64 banks have already started implementing the service.
11 Oct 18
It claims to be the country’s first standardised and EMV compliant QR code payment.
2 Oct 18
It tying up with Cambodia, Laos, Myanmar and Vietnam.
1 Oct 18
Customers can now make and receive real-time payments.
26 Sep 18
Lenders will  snap up half of the market in the next four years.
25 Sep 18
Consumers can exchange 11 currencies on the app.
24 Sep 18
Transactions surged 17.4% to $104.87m.
24 Sep 18
The number of credit cards in circulation hit 20.06 million.
21 Sep 18
Maybank and Hong Leong Bank are amongst the joining lenders.
21 Sep 18
Payments via ‘konbini’ and debit card fail to catch up.
21 Sep 18
Lenders are poised to enjoy wider market reach and public acceptance.
20 Sep 18
It has tapped on fintech firm Ondot.
20 Sep 18
It features a unique PayNow QR code that can be easily tracked by the bank.
19 Sep 18
Banks are losing market share as a result.
18 Sep 18
Consumers will soon be able to transfer funds instantly and without cost.
17 Sep 18
SGQR will adopt 27 payment schemes.
14 Sep 18
Relationship managers may soon form a bank-administered private chat group with clients.
14 Sep 18
E-wallets need to first tie up with local banks before operating.
14 Sep 18
The government aims to boost cashless transactions from 1% to 20% by 2020.
13 Sep 18
The central bank has already finished the technical-heavy stage.
13 Sep 18
Their own digital wallets were built around customers’ payment preferences.
12 Sep 18
Indonesian and Philippine banks may lose up to $3.8b and $1.3b respectively as they fail to hold on to their dominance.
10 Sep 18
Merchants may soon accept several payment methods through one integrated point-of-sale terminal.