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Taiwan’s credit card payments sector is on the brink of substantial growth, projected to see an impressive 7% increase by 2025, reaching a staggering $156.2 billion (TWD 5 trillion), as evidenced by findings from GlobalData. This upward trajectory is…
Banks in Hong Kong are stepping up their game with exciting new offerings like mobile virtual cards and dual-currency payment options. As a reflection of this growing competitiveness, the credit and charge card payments market is projected to expand by 6% to…
Australia’s Credit Card Market on Track for Significant Growth, Expected to Reach $299.7 Billion by 2025 Australia’s credit and charge card payments sector is poised for robust expansion, with projections indicating a surge to $299.7 billion (AUD 453.9…
Samsung and Mastercard have partnered up to develop a fingerprint-authenticated payment card. Yes, we’re talking about an actual, physical card with a built-in fingerprint scanner. This innovation will increase the security of contactless payments and give…
Five destinations attract 22 per cent of all international traveller arrivals in Asia Pacific and a quarter of travel spend in the region, according to a new Mastercard report. Asia Pacific’s five most popular destinations for international travellers –…
A new report from data and analytics firm ilion suggests there is a mass-shift underway in the way Australians finance their purchases. According to its inaugural credit card report released on Sunday, Australian consumers under the age of 30 hold over half…
Visa, the world’s leader in digital payments, has today launched its Future of Security Roadmap for Thailand, outlining a robust approach for strengthening payments security in the country over the next 3 years. Visa’s Roadmap focuses on a number of key…
Hong Kong is listed as one of Asia Pacific’s top 10 most visited destinations for the eighth consecutive year in the Mastercard Global Destination Cities Index 2018 released. Ranked 14th globally and seventh in Asia Pacific, Hong Kong welcomed 9.03 million…
Overseas card spending by Koreans hit a fresh record high in the first quarter on rising outbound tourists, central bank data showed Thursday. In the January-March period, a record $5.07 billion worth of purchases were made abroad, up 11.4 percent from three…
New Zealand retail spending on electronic cards rebounded in March on the back of increased grocery and liquor spending. Seasonally adjusted total retail spending on credit and debit cards increased 1 per cent in March, Statistics New Zealand. Economists had…
Credit-card use in Singapore is set to fall by 40 per cent in less than five years, according to new research from global payment company Worldpay. For its Global Payments Report 2016, Worldpay analysed 30 eCommerce markets including Australia, China, Hong…
Mr. Suripong Tantiyanon (second from left), Visa Country Manager, Thailand and Mr. Wiboon Nimitrwanich (second from right), Executive Director, Tourism Investment Department, Tourism Authority of Thailand presided over the launch of the Amazing Thailand Grand…
UnionPay, an international payment network, continues its expansion in Thailand with the announcement of two new card issuing banks. From June 2016, Kiatnakin Bank and Land and House Bank will join Bangkok Bank, Bank of China (Thai), ICBC Thai, Kasikorn Bank,…
South Korean conglomerate Lotte Group announced its plans to delve into the credit card market in Indonesia following a meeting with President Joko “Jokowi” Widodo during his state visit to the East Asian nation last month. In a one-on-one meeting with…
JCB International Co., Ltd, (JCBI) the international operations subsidiary of JCB Co., Ltd., and Network For Electronic Transfers (Singapore) Pte Ltd (NETS) today announced a new partnership to accept JCB cards in Singapore. Receiving an average of 15 million…
Online fraud is expected to reach $25.6 billion in value by 2020, up from $107.7 billion last year, according to new research. This means that by the end of the decade, $4 in every $1000 of online payments will be fraudulent, says a new study from UK company…
