Cards & Payments
Contactless payments snare Singapore’s boomers
Contactless payments snare Singapore’s boomers
Loyalty programs are also rated as important by consumers in the city.
Fintech platform Airwallex officially launches in Singapore
Customers of the fintech platform will receive funds locally in SGD.
Mastercard appoints Safdar Khan as division president for SEA
He is responsible for implementing the multi-rail digital payments agenda in 10 SEA markets.
AUB launches Mastercard QR card payment solutions in the Philippines
AUB PayMate merchants can now accept Mastercard payments through QR codes.
UnionBank to buy Citi’s Philippine consumer banking franchise for $908m
Around 1,750 Citi employees are expected to transfer to UnionBank.
India’s card payments market to grow 31.2% in 2022
Growing adoption of electronic payments will help push up the card market.
UOB’s Indonesian digital bank arm launches buy now pay later services
TMRW Pay offers deferred payments with zero-interest for up to 90 days.
Buy now, pay later gains traction in India
Low credit penetration makes it favourable for BNPL.
Global payments firm Nium names COO as co-founder
This is in recognition of his significant contributions to scale Nium’s global operations.
Banking woes dampen Singapore MSMEs overseas ambitions
Only 2 in 10 Singapore micro-multinationals think banks offer value for money.
Buy now, pay later more needed in markets with credit under penetration: UOB TMRW exec
It’s not as urgent as other markets with credit under-penetration, says TMRW Digital Group CCO.
Philippine financial regulator mulls offline digital payment solutions
The move is part of the BSP’s Digital Payments Transformation Roadmap.
Is cash still king? Digital payments eroding cash’s dominance in SEA
Internet economy in SEA has propelled digital payments further.
New Zealand’s card payments market to rebound 10.3% in 2021
The market is expected to top $83.2b in four years’ time.
SMEs are the lifeblood of Asia Pacific: Mastercard
Hence, Mastercard launched the world’s first BNPL commercial card solution for SMEs.
Online shopping drives expansion of alternative payments’ use in APAC
China’s alternatives will account for 70% of e-commerce transaction value in 2021.
What do SMEs expect from modern payment solutions?
ABF spoke with industry experts from Mastercard, Enterpryze, Boku, and Xfers to learn more.
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