Rajiv MenonFinance
Philippine Credit Card Bad Debts Jump to P68 Billion as Inflation Bites
Non-performing card balances outpaced overall lending growth between March and June, rising 11.8 per cent across commercial bank portfolios.
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Credit Cards
Every story tagged Credit Cards on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Credit Cards
10 stories in this topic
Aiko TanakaFinance
Apple Pay Enters India with Axis Bank in 16.3 Million Card Rollout
Axis Bank cardholders on Visa and Mastercard networks gain access to contactless payments on Apple devices while RuPay cards remain excluded.
Aiko TanakaStartups
Indonesia fintech startup Kredivo launches in Vietnam
Indonesian fintech platform Kredivo has announced a Vietnam launch through a joint venture, seeking to offer “buy now, pay later” services. It has partnered with Phoenix Holdings, a company with a diversified portfolio in consumer, financial services, retail…
Maria SantosFinance
In Singapore, Credit Cards Set to Collapse by Nearly a Quarter
Credit card use in Singapore is set to fall 24% in less than five years, according to new research from Worldpay, the leader in global payments. For its Global Payments Report 2016, Worldpay analysed 30 eCommerce markets around the world, including Singapore,…
Sarah ChenE-Tailing
Apple Pay makes its debut in Hong Kong
Visa, MasterCard and American Express have all introduced support for Apple Pay in Hong Kong. Holders of credit and debit cards from the three companies issued by Bank of China, DBS Bank, HSBC, Standard Chartered, and Hang Seng Bank are now able to take…
Rajiv MenonFinance
Credit card companies collaborate to lift fee income
Local credit card companies are launching offline-to-online (O2O) service businesses by collaborating with various sectors to increase transaction fee income. KB Kookmin Card reached an agreement with Uber Korea on Monday to jointly develop card products and…
Wei ZhangFinance
UnionPay now in Thailand
While the company’s success up to now has relied on the huge domestic home market in China – which accounts for 99 per cent of all UP credit cards issued – this could be about to change. UnionPay is setting its sights on global expansion and intriguingly…
Sarah ChenLiving
Korea’s card spending jumps 16% in January
Korea’s card spending rose sharply in January, data showed Friday, on the back of increased consumption for the Lunar New Year holiday and a gradual recovery in domestic demand. Purchases made with plastic cards reached 56.1 trillion won ($45.4 billion) last…
Rajiv MenonElectronics
Mobile wallet outshines credit cards in India
Mobile wallet may be a new concept, but Indians seemed to have adopted the mechanism faster than credit cards. While there are about 10-12 companies operating in the mobile wallet space, Noida-based Paytm has more than 20 million active users. The number is…
Aiko TanakaGeneral
Christmas shopping: Consumer anxiety falls in time for retail season
Consumers in Australia are less anxious than at any time in the past 18 months amid signs of a robust finale to the Christmas shopping season. The National Australia Bank’s consumer anxiety index, released on Tuesday, has fallen for a second straight quarter…
Background from the Retail Academy
Evergreen guides that explain the mechanics behind this topic.
Payments
Payments in Brunei
How Bruneian shoppers pay in store and online, what acceptance costs, and how the payment mix changes your working capital.
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E-commerce
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KPIs and definitions
Retail KPI dictionary
Plain definitions and formulas for the retail metrics that appear in Asian earnings calls, investor decks and operating reviews, with notes on how each one…
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Market entry
Market entry models
The four ways brands enter Asian retail markets, what each one costs in control and capital, and the questions that decide which is right for a given country.
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