Cards & Payments
Taiwan’s credit card balances up 0.88% in Nov 2024
Taiwan’s credit card balances up 0.88% in Nov 2024
Monthly write-offs rose whilst the amount of undue balance fell.
Airwallex expands to Brazil, Mexico
It finalized the acquisition of MexPago and obtained a license in Brazil.
GCash eyes easier payment checking for SMEs
The Philippines’ biggest fintech platform is targeting the retail sector.
JCB expands card acceptance in UK
Over 110,000 UK-based merchants in the hospitality sector can now accept JCB cards.
RHB unveils debit card replacement kiosks.
They’re available in two branches.
2 in 3 people to own a digital wallet by 2029: report
As of 2024, an estimated 52.6% of the world uses a digital wallet.
Four factors shaping APAC’s digital retail payments in 2025
Cash remains relevant in Malaysia and Singapore.
Global network tokenised transactions to double to 574 billion by 2029
Network tokenisation's role in securing digital payments will drive merchant adoption.
Singapore sees $2.1m lost in credit card fraud over three years
Card scheme operators have implemented the 3-D Secure protocol for added security.
Over 3 in 4 Visa payments in Vietnam are contactless
Over 4 in 5 in Vietnam named mobile wallets as their preferred payment method.
What's in store for payments in 2025?
In emerging markets, digital wallets are evolving into bank account substitutes.
Banks may be ill-equipped for demands of real-time payments
Stronger fraud prevention and anti-money laundering measures are needed.
JCB expands contactless payment services to New Jersey public transportation
The service will be available on contactless bus and light rail validators.
Taiwanese credit card balance at $3.49b in October
There were 38.72 million active credit cards during the month.
JCB expands payment options for UK travel application
This ensures a seamless application process for its 158 million cardholders globally.
PCG, Black Bear Merchant Services team up to launch AbbyPay
It plans to expand to Japan, Singapore, Malaysia, and Thailand.
JCB, AEON, and Biznet launch co-branded credit card
The credit card will offer exclusive discounts and cashback.
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