Cards & Payments
RHB kiosks replace debit cards on the spot
RHB kiosks replace debit cards on the spot
The machines have handled 70% of the Malaysian lender’s card replacements.
Alipay, Macau Pass expand partnership for Lunar New Year
Macao Government Tourism Office estimates an average of 185,000 daily visitors.
Visa, DealMed unveil cross-border card instalment Vietnamese cardholders
75% of surveyed Vietnamese consumers plan to travel for leisure in 2025.
Wise raises money transfer limits, lowers global average fee
Transfer limits to WeChat recipients is now at RMB50,000.
Cambodia, Visa launch Bakong tourist app
Tourists can use the app to pay at 4.5 million merchants in Cambodia.
StanChart unveils cross-currency transactional FX solutions suite
It offers FX payment services across 130 currencies in over 40 markets.
Primer, dtcpay team up to expand stablecoin payments in SEA
Payment options include credit and debit cards, Apple Pay, and Google Pay.
Malaysia unveils centralized dispute centre for financial matters
The central bank has also raised the monetary limit for eligible disputes to MYR250,000.
Taiwan’s credit card balances up 0.88% in Nov 2024
Monthly write-offs rose whilst the amount of undue balance fell.
Airwallex expands to Brazil, Mexico
It finalized the acquisition of MexPago and obtained a license in Brazil.
GCash eyes easier payment checking for SMEs
The Philippines’ biggest fintech platform is targeting the retail sector.
JCB expands card acceptance in UK
Over 110,000 UK-based merchants in the hospitality sector can now accept JCB cards.
RHB unveils debit card replacement kiosks.
They’re available in two branches.
2 in 3 people to own a digital wallet by 2029: report
As of 2024, an estimated 52.6% of the world uses a digital wallet.
Four factors shaping APAC’s digital retail payments in 2025
Cash remains relevant in Malaysia and Singapore.
Global network tokenised transactions to double to 574 billion by 2029
Network tokenisation's role in securing digital payments will drive merchant adoption.
Singapore sees $2.1m lost in credit card fraud over three years
Card scheme operators have implemented the 3-D Secure protocol for added security.
Thought Leadership Centre
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1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. NAB invests $55m to upgrade over 100 branches across Australia 4. Airwallex gains capital markets services license in Singapore 5. HSBC Singapore unveils health and wellness centre at The Star VistaResource Center
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The digital bank was recognised as the Digital Bank of the Year - Hong Kong at the Asian Banking & Finance Retail Banking Awards 2025.
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