Cards & Payments
HSBC and Mastercard pilot AI agents for automated e-commerce payments
HSBC and Mastercard pilot AI agents for automated e-commerce payments
It automates procurement and payments between corporate buyers and suppliers.
APAC cross-border payments stay upbeat as Japan lags
Hong Kong posted the highest positive share at 69% followed by Thailand at 67%.
BofA to launch cross-border real-time payments via Swift and CashPro
It will connect with several real-time payment networks globally.
India’s UPI goes live at 4.5 million Cambodian merchants
Indian travellers can now pay via QR payments in Cambodia using their UPI app.
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Being token-ready involves much more than switching on wallet acceptance.
Thailand payments forecast shows 36% CAGR through 2032
Cloud-based services are projected to post a 38.58% CAGR from 2024 to 2032.
TenPay Global lets foreigners send remittances to China via WeChat
TenPay’s cross-border remittance platform has over 60 partners globally.
DBS Remit adds Weixin Pay as transactions surge eightfold
Average ticket sizes have grown to over S$800 since February.
India wallets crush cards with 68% online share
UPI helped push wallets ahead of every other online payment method in 2025.
US$1t unused credit card points risk losing redemption value
Tribuescape says airlines and hotels can expire balances or change redemption rules without warning.
Thai cash handout boosts Krungthai Card despite weaker card spending
Management is confident that customers will be able to make minimum payments.
Australians spend $4.02m monthly on AI subscriptions: Westpac
Customers spend A$37 per month on average, based on credit card data.
Kasikornbank targets 24/7 USD settlement with Ant International
They will use Kinexys by J.P. Morgan’s blockchain deposit accounts.
Digital wallets seize 65% of APAC payments
QR codes and low cost smartphones pushed wallet adoption across the region in 2025.
BNPL market to hit $1.6t by 2034 on e-commerce and smartphone surge
The interest-free BNPL segment is expected to hit a CAGR of 23% through 2034.
Hyundai Card debuts Apple Pay debit card
It enables users to pay by tapping their iPhone or Apple Watch.
APAC transfer take rate sinks to 2.4% despite $0.62t flows
Africa posts highest regional charge at 5.5%, followed by Latin America and the Caribbean.
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Commentary
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