Cards & Payments
Taiwan credit card balances edge down in May
Taiwan credit card balances edge down in May
The balance of revolving credit and undue balance of installment both fell.
Aspire now part of Amazon Payment Service Provider Program
Sellers can receive Amazon payouts directly into Aspire’s local currency accounts.
Bangkok Bank enables Paybooc QR payments in Thailand
Koreans using the Paybooc app can now make QR payments in the country.
PayNet launches Alipay+ and WeChat Pay promos to lift DuitNow QR payments
It includes discounts and even an all-expense trip to Hong Kong.
ION Orchard, Visa partner for exclusive retail experiences
ION+ Rewards Members can unlock a variety of premium privileges by shopping with their Visa cards.
ANZ customers to spend $280m in Europe travel this summer
Hotel and airline bookings surged 11% in Jan-May 2025.
Revolut partners with Ant Int’l to enable transfers to China via Alipay
It has a tiered fee system.
AusPayNet launches public consultation on account-to-account payments
They aim to identify current and future payment needs and expectations of users.
Ant launches agentic AI travel companion embedded in mobile wallets
The service is available in Alipay, AlipayHK, and GCash to start.
DBS offers cardholder deals, rebates at over 680 retail outlets
These include partnerships with Cold Storage, CS Fresh, and 7-Eleven, amongst others.
JCB enables Apple Pay for Vietnamese cardholders
JCB cardholders from Vietcombank, MBBank, and VPBank will enjoy the new service.
Chart of the Week: HK credit and charge card market to reach $132.4b
Banks are rolling out new services, such as a mobile virtual card and a dual-currency card.
JCB cardholders can now use cards to ride Shanghai, Beijing subway systems
It can be used in all 21 Shanghai subway lines and 29 Beijing subway lines.
Hong Kong credit card values up 8.4% to $34.91b in Q1
The number of debit card transactions fell although the value rose.
Card payments remain top choice of South Koreans
Nearly half of surveyed Koreans use credit cards for payments.
MUFG eyes enhancing intra-Asia flows, sustainability, O&D in FY2025
They are looking into AI as a means to adopt more sustainable and digital practices.
1 in 2 Gen Alpha has digital wallet, investment account
Over half uses a digital wallet, and nearly the same share has an investment account
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