Cards & Payments

18 Jan 21
It bought the remaining 30% stake of GoPay last December.
12 Jan 21
Bank transfers made up 30.7% of the local payments market in 2020.
5 Jan 21
DPT activities carry higher inherent money laundering and terrorism financing risks.
5 Jan 21
They can even set a part of their salaries to be automatically transferred to their Revolut wallet.
4 Jan 21
Seven in 10 consumers shopping online increased their use of digital payment methods.
15 Dec 20
The government has pushed banks to cut rates on credit card balances.
8 Dec 20
Fourth wave of infections to further erode consumer confidence in the near term.
4 Dec 20
The firm reportedly expanded its Singapore team by nearly 30% during the pandemic.
24 Nov 20
The market’s growth slowed to 11% in 2020 from last year’s 35.3% surge.
23 Nov 20
Benefits include a loyalty programme and 0% retail installment.
17 Nov 20
The entrance of WeChat Pay is expected to intensify competition in the payments space.
4 Nov 20
Consumer spending fluctuated amidst waves of new coronavirus cases.
29 Oct 20
Merchantrade is Malaysia’s largest money services operator, with over 1,700 touchpoints.
27 Oct 20
An estimated 23.5 billion mobile wallet transactions are expected to occur in 2020.
27 Oct 20
Thousands are applying for debt workouts.
21 Oct 20
Card payments is estimated to grow by 2.3% in 2020 and reach $82.8b by 2024.
21 Oct 20
The card harvests energy from payment terminals to power its sensor.
20 Oct 20
Customers can use it to transfer money, apply for loans, and pay through the LINE app.
19 Oct 20
But it is bound for a 7% recovery come 2021.
30 Sep 20
All customer funds shall be returned by 14 October.
29 Sep 20
Credit, debit card payments account for 36.8% of the country’s total e-commerce value.
28 Sep 20
It features a total of four payment types.
25 Sep 20
Customers will be able to make payments without using a physical card.
25 Sep 20
All cards under the startup are now available under Google Pay.
22 Sep 20
‘Buy now, pay later’ schemes are on the rise especially amongst millennials.
9 Sep 20
International e-wallets such as Google Pay and Masterpass are gaining steam.
8 Sep 20
Share in transactions hit 54% this year.
2 Sep 20
The bank can now provide custody services to Chinese mutual and private funds.
25 Aug 20
It also plans to appoint a country business development manager.
24 Aug 20
Real estate salespersons will now be able to instantly use their commissions.
18 Aug 20
Card members can enjoy a zero-interest installment at thousands of merchants in Vietnam.
18 Aug 20
It hosts two e-wallets in Singapore dollars and Malaysian ringgit.
17 Aug 20
Pandemic-related fears is crippling away at cash payment’s dominance.
12 Aug 20
Backing from banks and merchants has made contactless payments mainstream.
5 Aug 20
The payments startup said that it is on track for a nation-wide launch by end-2020.
29 Jul 20
Merchants using Airwallex do not need to open bank accounts to collect payments.
23 Jul 20
The value is expected to reach $200.2b by 2024 at a CAGR of 7.6%.
22 Jul 20
Fear of COVID-19 spread is driving consumers towards digital payment tools.
20 Jul 20
It will be available for use immediately after opening an account with the lender.
15 Jul 20
It has partnered with local players to allow merchants to access 900 locally-preferred payment methods.