cashless payments
Mastercard Pay Local links cards to APAC wallets
It allows consumers to use their Mastercard cards at over 35 million merchants.
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.
Non-cash payment transactions in Vietnam up by 63%
Fintech is boosting MSMEs in Vietnam.
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.
APAC countries dominate the world’s most cashless economies
Canada remains the king of cashless countries.
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.
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1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. DBS, UnionPay launch multi-currency debit card 3. Southeast Asia’s digital banks – the road from good to great 4. Maybank rolls out green financial advisory service to SEA SMEs 5. Morgan Stanley opens Southeast Asia headquarters in SingaporeResource Center
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