cashless payments

Mastercard Pay Local links cards to APAC wallets

Mastercard Pay Local links cards to APAC wallets

It allows consumers to use their Mastercard cards at over 35 million merchants.

UPI transforms real-time payments across India

UPI revolutionises payment methods for phone users.

UPI expands beyond India, driving global adoption

It simplifies small payments for its users.

HSBC’s UniTransact to streamline cross-border transactions

New platform addresses digital payment challenges, enhances transaction efficiency in Indonesia.

India’s card payments market to rise 28.6% to $337.1b in 2023

Consumers in India are increasingly embracing electronic payments, GlobalData said.

Japan’s card payments market to be worth $742.2b in 2023

Growing consumer preference for electronic payments will push a 7.5% growth in value.

Chart of the Week: Taiwan’s card payments market value to hit $172.8b in 2026

Usage will rise to 64 uses per card per year, from 45 annual uses a card in 2022.

APAC’s mobile wallet adoption chips away at traditional payments’ dominance

Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.

Real-time payment ties cash as preferred payment method in SEA markets

Three in five consumers from four markets name it as their favoured way of paying.

UOB renames YOLO credit card to UOB EVOL card

Targeting Gen Z customers, the card offers 8% cashback on online purchases.

Philippine authorities file criminal raps against Wirecard's ex-COO, others

The respondents are accused violating banking, cybercrime and e-commerce laws.