Cards & Payments

Government incentives will support its continued growth.

Fund transfers from India to Singapore will only need mobile phone numbers.

Lenders will have to reduce cross-border fees once CBDCs become more mainstream.

And Mastercard bets on crypto with acquisition of CipherTrace.

Canada remains the king of cashless countries.

Transactions below $70 (IDR1m) do not require customers to enter a pin.

Federal treasurer Josh Frydenberg has written to regulators to allow businesses to choose cheaper domestic systems.

Its ESG Charity credit card feature highlights the bank’s commitment to sustainability.

The rising use of contactless and e-commerce payments will support the growth of the segment.

The e-CNY will support growth of banks’ e-payment customer base and improve overall financial stability.

Users can pay their credit card bills issued by any bank through ZA Bank, for a period of up to 72 months.

Recovery is not expected to begin until end-2022, says GlobalData.

Users can get their monthly payroll up to seven days in advance, interest-free.

The Hong Kong-based firm was founded by Goldman Sachs alumni.

Online card payments are 28% higher than in July 2020.

Citi Australia’s senior management and about 800 employees are expected to join NAB.