Cards & Payments
Consumer spending to drive card payments in South Korea
Consumer spending to drive card payments in South Korea
The sector is posed to grow at a CAGR of 4.3% from 2019 to 2024.
Chart of the Week: Australia's card payments to grow 5% CAGR in 2019-2024
Even small merchants are now pivoting to cashless payments, says GlobalData.
Hong Leong Bank launches cashless payments campaign
It begins with traders from five markets in Penang adopting the solution.
Cambodia floats blockchain-based payments system
Users of the platform will see transaction time reduced to less than 5 seconds.
One in five Singaporean Visa cardholders buying online for the first time
Majority won’t revert back to using cash even after the pandemic is over.
APAC payments industry remains attractive to investors: analyst
The industry recorded 29 deals in Q1 from only 23 in Q4.
Chart of the Week: Almost half of Singaporeans prefer e-payment methods
PayNow is the top choice for 18.2% of surveyed consumers.
Default rates of credit card receivables in Japan to remain elevated
Annual default rates of credit card purchase rose to 6% in March from only 4.4% last year.
Chart of the Week: Health and safety concerns drive card payments growth in New Zealand
Card payments are expected to rise at a CAGR of 1.8% to $66b by 2024.
Standard Chartered pilots credit card deals app CardsPal
The app has also partnered with Mastercard for exclusive promos.
Grab pilots GrabPay Card in the Philippines
It comes with a digital version within the Grab app.
COVID-19 accelerates digital payments adoption in South Korea
The country’s credit card issuers are seeing a rise in credit card use for online purchases.
Japanese e-payment firms Konbini, Pay-easy join PPRO platform
This marks London-based PPRO’s entry to the Japanese e-commerce market.
Chart of the Week: COVID-19 to drive digital payments take-up in Hong Kong
E-payments firm Octopus said that mobile wallet usage rose 30% in February.
Mastercard APAC's winning strategy in the digital age
The payments provider has been forging new tech-based products and partnerships to keep up.
Crunch time for Malaysia's e-wallets as big firms impose merchant fees
They are charging 0.5% from merchants who use their services as subscriptions soar.
Chart of the Week: New Zealand card payments to grow 2.2% annually through 2023
The pandemic will slow card payments adoption as consumers switch to online payments.
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