Cards & Payments

Japanese banks speed up cashless push before 2020 Olympics

Mizuho, MUFG Bank, and Sumitomo have agreed to unify QR code specifications.

Japanese banks speed up cashless push before 2020 Olympics

Mizuho, MUFG Bank, and Sumitomo have agreed to unify QR code specifications.

Singapore's PayNow expands to corporate fund transfers

The scheme will be a part of the Singapore Quick Response Code utilising mobile banking apps.

Cards are chipping away at cash and cheque use in Australia

Consumers made over 8.3 billion card payments in 2017, equal to 23 million transactions a day.

Vietnamese banks urged to tighten card issuance

A group claims that 50 million of the 132 million cards in circulation are not being used.

Chart of the Week: Check out mobile wallet adoption across Asia

The value of non-cash transactions in China hit 50% in 2016.

HSBC to lift PayMe e-wallet top-up limit

The move aims to ease individual money transfer and purchases.

NETSPay integrates OCBC and UOB cards

Users can now make NETS payments via their mobile phones.

E-wallets to snap up 6% of Philippine payments by 2022

However, the country is still miles behind China and India.

Vietnam banks speed up transition to chip cards

The shift from magnetic is expected to provide better cardholder protection.

OCBC ties up with telco firm Starhub to develop loyalty programme

Consumers will be able to exchange, consolidate, and redeem loyalty reward points across industries.

Ten Chinese banks onboard SWIFT gpi for faster cross-border payments

Three of the country’s Big 4 lenders are already live on the payments initiative.

Chinese banks thrive on mobile payments as millennials drive cashless push

Lenders handled a whopping $11.1t in mobile payments in the first quarter alone.

Chart of the Week: Singapore banks bear the burden of growing credit card debt

Bad credit card debt that was "written-off" jumped 16% to $20.74m in March.

HSBC integrates personal information vault into credit card application process

Applicants won’t need to provide supporting documents anymore.

MUFG to roll out blockchain-powered payments platform

The platform can process a million transactions per second.

Alternative payment providers position for growth in Indonesia

When it comes to growth opportunities for digital payments, Indonesia is in a league of its own. The prospect of tens of millions of new digital...