QR code payments

Ant Group said that it is investing CNY10b to grow the Alipay Tap! ecosystem.

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

Both parties also reaffirmed their commitment to connect retail payments using QR codes.

It also partnered with QR payment providers across the region for cross-border payments.Visa has introduced several new products and services aimed at enhancing payment flexibility and security in Asia Pacific.

Ten mobile wallets and bank apps can now pay using NEPALPAY QR.

BillEase customers can now pay at over 600,000 QRPh-accepting merchants.

Foreign visitors can enjoy up to 50% discounts from ZeroPay merchants.

It will serve as the bank’s strategic hub in the Greater Bay Area.

Travelers need only to pay using the KMA krungsri app.

In 2022, the market will grow to $1.7t, according to GlobalData.

Transaction size reached $156.24b in 2021.

Singapore and Philippines' remittance flows totalled S$2.89b last year.

In January, 1.2 million transactions were carried out via the SGQR.

About 31% of locals pick contactless cards as their most preferred payment options.