Cards & Payments

Hong Leong Bank, Mastercard launch debit card in Cambodia

Until October, 1% of each transaction made using the card will be donated to Kantha Bopha Children's Hospital.
3 hours ago

Hong Leong Bank, Mastercard launch debit card in Cambodia

Until October, 1% of each transaction made using the card will be donated to Kantha Bopha Children's Hospital.
3 hours ago

Higher adoption of QR payments ramps up Singapore’s cashless transition

In January, 1.2 million transactions were carried out via the SGQR.
7 days ago

OCBC enables Singaporeans to directly view, pay tax in digital bank platform

Customers have the option to pay their tax balances in full or partially.
8 days ago

'Buy now, pay later' speaks to convenience as more Filipinos remain unbanked

Bypassing credit cards, the payment instalment options prove to be attractive.
14 days ago

India bans Mastercard from issuing new cards in the country

Mastercard has not complied with data storage rules, the Reserve Bank of India said.
15 days ago

Fintechs could overtake Philippine banks in retail segment: Moody’s

Banks' slow development of digital financial services may just give fintechs an edge.
15 days ago

Chart of the Week: Philippine card payments market value to grow to $43.4b in 2021

Debit cards dominate in the Philippines with 90.6 million in circulation.
21 days ago

Real-time payment ties cash as preferred payment method in SEA markets

Three in five consumers from four markets name it as their favoured way of paying.
23 days ago

What does ‘gold standard’ mean for Asia’s payments and e-commerce scene?

The market’s diverse challenges open the door for solutions that tackle country or region-specific issues.
24 days ago

South Korea mulls cashbacks for credit card spending to boost consumption

The government reportedly plans to set the ceiling of cash back rewards per person.
1 month ago

Chart of the Week: Japan’s credit card payments to grow 9.2% in 2021

Easing of restrictions, government support, and the Olympics will support growth.
1 month ago

Chart of the Week: South Korean card payments to grow 4.9% through 2024

Average frequency of use is 136.2 times in 2020, higher than in France, US, and UK.
1 month ago

India’s largest bank invests in payment services provider Cashfree

Cashfree processes $20b worth of transactions annually.
1 month ago

Maybank introduces two new designs for Family & Friends Card

New customers may choose between the original black, as well as the new lilac and silver designs.
1 month ago

Pandemic accelerates Singapore’s cashless push by four years: Visa study

About 31% of locals pick contactless cards as their most preferred payment options.
1 month ago

Chart of the Week: Hong Kong card payments value to grow 4.4% in 2021

This comes after two years of decelerating growth due to trade tensions, protests, and the pandemic.
2 months ago