Cards & Payments

9 in 13 sectors reported an increase in payment delays.

GCash is king in the country.

Afterpay remains king, whilst new players seek to carve out their own space.

Hiring the right talent and developing a good tech stack are key to success.

There has been reports of unauthorized payments from its gift cards.

Resumption of travel and tourism will help push card use.

And 6 in 10 SG consumers tried to go cashless in bills payment.

And HSBC steps up scrutiny of Russian clients amidst sanctions.

Jia Hang will be based in Singapore.

The working group is calling out to local organisations offering BNPL to join their ranks.

In 2022, the market will grow to $1.7t, according to GlobalData.

And global financial conditions are expected to tighten further over the coming years.

Similar to its namesake, the platform is now the backbone of the country’s digital payments system.

The government is also donating US$100,000 for Ukranians’ humanitarian needs.

IATA Pay offers instant payment options such as UPI Scan & Pay and UPI Collect.

The FSC also reported numbers on credit card, cash card, and e-payment businesses.