Cards & Payments

Citi launches digital credit card for new customer

Singapore is the first market ever where Citi has rolled out this service for new cardholders.
4 days ago

Philippine card payments to grown 15.4% in 2021

The revival of economic conditions and vaccine distribution will spur card spending.
12 days ago

Chart of the Week: Singapore card payments to rebound 10.2% in 2021

Card payments are expected to reach $96.5b in three years’ time.
24 days ago

E-wallets to overtake cash in Singapore's in-store payments by 2024

Cards will remain king, but e-wallets will overtake them in online purchases.
1 month ago

Chart of the Week: APAC card payments to grow 19.2% in 2021

Banks and payment firms are stepping up their card game to encourage cashless spending.
1 month ago

What's up with central banks' craze around digital currencies?

Whilst it may improve payment systems, card firms and payment platforms won’t be happy with the potential new competition.
1 month ago

Chart of the Week: Growth of local e-commerce drives rise of e-payments in Australia

Buy now, pay later solutions are popular amongst Millennials.
1 month ago

South Korea's mobile wallet payments value to reach $503.5b in 2024

Growing adoptiong of QR payments is driving mobile wallet usage in the country.
2 months ago

Rise of QR payments displaces cash in Singapore

More than half of businesses in the country now accepts Singapore Quick Response Code.
2 months ago

SEA e-money market soars as tech disruptors spur adoption

Ride hailing and e-commerce firms are driving the e-payments revolution, eroding banks’ hold.
2 months ago

Chart of the Week: Card payments in China grew 7.1% in 2020

Rising financial inclusion and improvements in the payments infrastructure drove growth.
2 months ago

Chart of the Week: Card payments in Australia up 1.9% in 2020

Whilst COVID-19 hampered this rise, growth is expected to pick up again through 2024.
2 months ago

PayPal is first foreign operator to fully own Chinese payments business: report

It bought the remaining 30% stake of GoPay last December.
2 months ago

Cash, bank transfers remain king of Indonesia's payments market

Bank transfers made up 30.7% of the local payments market in 2020.
3 months ago

Singapore tightens regulation of virtual payment entities to combat risks

DPT activities carry higher inherent money laundering and terrorism financing risks.
3 months ago

Revolut Singapore enables virtual wallet top-up via bank transfer

They can even set a part of their salaries to be automatically transferred to their Revolut wallet.
3 months ago

Online shopping boosts Singapore's cashless payments market

Seven in 10 consumers shopping online increased their use of digital payment methods.
3 months ago