Cards & Payments

Aleta Planet unveils digital payment app for Muslim merchants

It offers no transaction fees for 24 months and cashbacks for merchants.

Instapay and Mastercard enable near-real time remittance to 6 Asian countries

It will enable 3 million migrant workers in Malaysia to remit funds in local currencies.

Philippine central bank gears up for instant cross-border transfers

Monetary authorities in Asia are about to bring Project Nexus to market.

HSBC Singapore launches premium credit card for wealthy clients

It offers perks such as access to private clubs and members-only lounges in APAC, Europe, and the US.

Hyundai Card leads Korea’s credit card sales with PLCC dominance and data science

It holds a 78% market share in the private label credit card sector.

MoneyHero partners with BPI to expand credit card offerings

Users can compare more than 20 credit card options in MoneyHero’s platform.

Indonesians desire better fraud protection in real-time payments

Nearly all of the Indonesians surveyed have sent and received RTP.

Alipay+ goes live in Sri Lanka with 14 e-wallets enabled for payment

Travellers using the e-wallets can pay in over 400,000 merchants via LANKAQR.

Chart of the Week: 1 in 4 Filipinos have used BNPL services

The number of unique users rose by 40% as of end-2024.

Local, Belmoney partner to expand cross-border payments in Asia

Belomey will leverage local and alternative payment methods across 6 markets.

Airwallex merchants can now accept Discover, Diners Club cards

Merchants in Australia, Europe, Hong Kong, Singapore, and the UK can accept these cards.

Bangkok Bank, Shell unveil prepaid card for Thai SMEs

They can use the preloaded card to pay for fuel at over 720 Shell service stations

Alipay+ make up 80% of crossborder QR payments in DuitNow

Revenue from such payments are 6 times higher in 2024 than 2023.

Taiwan’s credit card undue balance decline in January 2025

A total of 39.07 million cards were active during the month.