Cards & Payments
Hong Kong digital wallets overtake cards in e-commerce payments
Hong Kong digital wallets overtake cards in e-commerce payments
Digital wallets accounted for 41% of all e-commerce transactions.
Airwallex clinches e-money issuing and Class A licenses in Malaysia
The company plans to double its headcount in Malaysia.
Australia to scrap card surcharges in October
The RBA noted businesses charging the same rate on all cards.
MobiFone Digital Payments launches in Vietnam
MobiFone Digital Payments (MDP) has officially launched in Vietnam.
Hatton National Bank enables debit cards on Google Wallet
Customers can now tap-to-pay using their phone or with smart watches.
Fiuu processed $13b in total payment value in 2025
It was the first payment acquirer in Malaysia to enable Samsung Pay Online.
Ripple joins MAS BLOOM initiative to pilot tokenized trade settlements
It aims to create a model for cross-border, interoperable settlements.
SCB Wealth unveils CardX collab card with up to 40% shopping discount
It offers Dine 3, Pay 2 offers and special miles rates, subject to conditions.
Digital payment balances in Taiwan jump to $542m in January boom
Account users also increased to 38.69 million.
Taiwan credit card spending drops $1b as holiday boom ends
January 2026 retail sales reached $13.44b, down from December’s $14.3b peak, FSC data shows.
Neema unlocks direct payment route to 1 billion Alipay wallets
Global banks can bypass China FX hurdles via Neema’s direct-to-Alipay wallet integration.
APAC cross-border B2C payments hit $400b as revenue lags
This represents 18% of worldwide consumer payout flows.
Mastercard and Bank of Shanghai team up for China cross-border payments
It is expected to benefit SMEs and international students.
Mastercard rolls out 400-restaurant gourmet program for elite cardholders
With a minimum spend, cardholders can avail credit or complimentary glasses of wine.
UnionPay rolls out products on the Way4 platform
UPI eyes more integrations in the near future.
How Chinese super apps capture 90% of $12.8t mobile payments
QR code transactions now lead point of sale activity across major cities.
Juspay and RateGain launch unified payment engine for travel sector
Juspay handles over $1t in annual payment value.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance