Cards & Payments
How Real-time Payments Can Fuel Emerging Business Models
How Real-time Payments Can Fuel Emerging Business Models
Instant payments are being implemented around the world, promoted by governments to support financial inclusion and the digitisation of economies.
Singapore card payments market to hit $158b in 2023
Credit cards took the lion’s share in market value at 60% in 2019.
Consolidating the payments game is just step one in Southeast Asia
Whilst the Chinese market is big enough to allow for two major e-payments players, Indonesia needs to unify efforts from otherwise competing tech...
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
Chart of the Week: China gradually opens up $16.5t card market to foreign players
Card payments value is expected to grow 11% CAGR to $25.9t by 2023.
Malaysia pushes QR-payments adoption to combat cash reliance
The DuitNow QR System is a key factor to drive interest in cashless payments.
China tops global mobile wallets usage
The country’s transaction value will hit $793.6b this year.
Majority of Gen Z use credit cards: survey
They have a median balance per consumer of $555 (HKD4,316).
Chart of the Week: Indonesian debit card payments to hit $32.3b in 2023
It has surpassed credit card payments in 2019.
Chart of the Week: Hong Kong card payments to hit $7.67b by 2023
The number of card payments is expected to hit 1 billion in 2020.
Indian card payments surge amidst cashless efforts
Total number of card payments quadrupled from 2 billion in 2015 to 7.8 billion in 2019.
Chart of the Week: Malaysian card payments to hit $81b by 2023
The interchange fee cap and adoption of new financial tech is helping reduce cash reliance.
Nearly 1 in 3 Singaporean millennials prefer cashback cards
Cashback cards are preferred due to their instant benefits.
Gojek amps up fintech ploy in Indonesia
Its acquisition of fintech startup Moka will improve monetisation or merchants in GoPay.
Who's winning in ASEAN's cashless race?
According to Standard Chartered, cash and cheques still reign supreme although evolving customer expectations are prompting incumbents to rethink of...
Grab launches Asia's first numberless card
It offers better card security an expanded rewards system.
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Carlo Mariano and Ivy Uy of East West Banking Corporation
Carlo Mariano of East West Banking Corporation shares how EWBC’s regulatory solution ensures compliance while putting customers first.
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