Cards & Payments

BNPL platform ChopNow announces four new partners

Products available in the platform can be paid in installments.

Australia says industry not ready to decommission BECS

The industry does not have a shared vision or transition plan yet.

More Gen Z Hong Kongers taking up revolving line accounts

New accounts granted to them more than doubled.

JCB now available in Google Play of Hong Kong and 4 SEA markets

JCB said it will continue to provide its cardmembers expanded accessibility.

Airwallex to acquire Viet IPS provider CTIN Pay

Airwallex plans to aid merchants in their overseas expansion.

RCBC transforms mobile phones to payment terminals for MSMEs

Merchants will be able to accept Mastercard and Visa card payments.

Indonesia, Thailand, Malaysia harmonise local currency transaction framework

Portfolio investments are now part of the eligible cross-border transactions.

BSP welcomes the Philippines' removal from AML/CFT grey list

The central bank said that it has strengthened its AML/CFT regime.

ABS warns of rise in card phishing scams

Banks will roll out additional verification, the ABS said.

Fintech Aspire, Visa launch corporate card for Hong Kong’s SMBs

Globally, 4 in 5 small and medium businesses are looking to sell overseas.

Airwallex hits $130b in transactions, up 30% since August

The company saw a 78% YoY surge in profit since Q1 2024.

Biometrics vs deepfakes: How we’ll pay in 2025

Biometrics, passkeys, and improved data flow will shape the global payment sector.

RBI proposes extra authentication for first-time online card use

Card issuers are mandated to validate the additional factor authentication.

Standard Chartered unveils cross-currency transaction FX solution

It offers competitive FX pricing and an automated FX payment service.

QR payments value to exceed $8t in 2029

Standardisation of national QR schemes and Apple’s NFC are key factors that will influence this space.