Cards & Payments

Hong Kong’s card payments market to hit $106.7b in value by 2026

But rising interest rates and ongoing geopolitical tensions threaten growth.
2 days ago

Hong Kong’s card payments market to hit $106.7b in value by 2026

But rising interest rates and ongoing geopolitical tensions threaten growth.
2 days ago

Chart of the Week: India’s card payments market to reach $581.2b by 2026

The card payments market value grew 26.7% in 2022, according to estimates.
3 days ago

Payment cards account for 60.9% of e-commerce purchases in South Korea

Added-value benefits of using cards help maintain its dominance.

Citi names Sanjay Nambiar as head of cards and unsecured lending for APAC, EMEA

Nambiar has worked across various roles in his 17-year career with Citi.

Real-time cross border payments edges closer to reality with ISO 20022

ISO 20022 is set to become the universal language of payments.

Chart of the Week: Taiwan’s card payments market value to hit $172.8b in 2026

Usage will rise to 64 uses per card per year, from 45 annual uses a card in 2022.

Buy now, pay later gains traction in Asia

BNPL brand Afterpay served 20 million customers in Australia alone.

Mastercard names Gautam Aggarwal as division president for South Asia

Aggarwal will oversee the card payment provider’s activities across South Asia and India.

Citi winds down China consumer banking business

The exit does not include its institutional business, Citi said.

Standard Chartered names David Rego as global head of payments, transaction banking

He is currently the global head of liquidity, deposits, and escrow solutions.

Visa appoints Adeline Kim as Singapore, Brunei country manager

She was most recently head of data solutions for Asia Pacific.

South Korea’s credit card payments market to be worth $890b in 2026

In the near term, rising interest rates may discourage card use.

Cambodia’s ABA Bank launches instant card issuance kiosks

Over 191,000 cards have already been issued since launch. 

Alternative payments make up 72% of China’s e-commerce market

The e-commerce market is expected to grow 10.5% in 2022.

India’s buy now pay later market to be worth $15b in 2026: analyst

Amazon Pay Later has over 3.7 million registered users in 2022.

How GCash cornered the Philippines' ‘sachet’ economy 

The app has over 66 million users in a country of more than 111 million.