Cards & Payments

Five ASEAN countries to establish common standards for non-card instant payments

The accord is part of a 50-year roadmap to develop payments.
2 days ago

HSBC, Juspay unveil acquiring platform for merchants

It offers multiple payment methods through a single provider.
2 days ago

Siam Commercial Bank, Visa, SoftSpace launch tap-to-pay services at two Bangkok markets

Businesses can provide the service either through a smartphone or dedicated EDC machine.
3 days ago

Mainland tourists drive WeChat’s growth during National Day

Cross-border transactions in Weixin Pay increased by 21% year-on-year
5 days ago

Visa appoints Elaine Chang as group general manager in greater China

Chang previously served as president of Amazon China.

Swift developing new retail payment rules to improve cost clarity

Banks from 17 countries will work with Swift to set the retail rules.

Alipay+ enables overseas tap-to-pay service for Kakao Pay users

Kakao Pay users can now make NFC payments at Mastercard merchants worldwide.

Chart of the Week: Hong Kong card payments to hit $233.5b by 2029

Growing preference for contactless payments will lift the value up.

CBA says RBA interchange reforms risk hurting Aussie firms

The Australian bank agreed that debit and credit surcharging should be eliminated.

APAC instant payments value to reach $170.2b in 2029: GlobalData

China, Japan, South Korea, and India are leading the way.

Ant International to launch Alipay+ in Saudi Arabia

It will connect to mada, Saudi Arabia’s national payment scheme.

PayPay expands reach to 2 million South Korea stores via Alipay+ gateway

Users must complete identity verification on the PayPay app in Japan.

Chart of the Week: Debit card fuel growth of Australia’s card payments market

Australians are choosing to spend within their means instead of accruing debt.

China and Indonesia pilot cross-border QR payments

Selected users from China can now make QR payments in Indonesia using UnionPay and Alipay apps.

Alipay Tap! crosses 200 million users

It lets users pay by tapping their unlocked phone on a payment terminal.

Taiwan’s credit card balance at $3.79b in July

The amount of undue balance of installment rose whilst the delinquency ratio fell.