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Mobile payments will soon overtake cash and credit cards as the preferred payment choice for Chinese travellers shopping abroad, according to a new survey. Mobile payments specialist Cancan and financial research authority Kapronasia have published a global…
Eight years ago, Starbucks developed an app for mobile payments. Today, it is still held up as the gold standard in the US. In Asia’s rapidly developing market, where mobile payment is almost a decade ahead of the West, things are quite different. In China,…
National Bank of Canada (NBC) has acquired a 22% stake in Myanmar-based mobile payments firm ONGO for an undisclosed sum. ONGO is the consumer facing brand of Ronoc Asia, a subsidiary of the emerging markets investment business Ronoc. It offers retailer…
Visa and American Express have both revealed plans to support mobile payment service Apple Pay in Hong Kong starting this summer. Customers in the region with American Express and Visa cards will be able to use Apple Pay to pay for purchases where contactless…
Online payment gateway provider iPay88 has seen a sharp rise in mobile traffic with its total online payment transactions representing close to 70% of the Malaysian market. Chan Kok Long, executive director of iPay88 said this was refelctive of the growth of…
Vodafone has announced that its M-Pesa mobile money service now has more than 25 million active customers. Across the M-Pesa footprint in Africa, Asia and Europe, active M-Pesa customers increased by 27.1% to 25.4 million for the 12 months ending in March.…
Singapore’s StarHub has introduced the ability for its customers to use Apple Pay for secure mobile payments. When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a…
It’s likely only a matter of time before mobile payment apps become more popular among consumers, and there are some people very excited: restaurant waitstaff and bartenders. Both mobile payment app providers and restaurants have noticed an uptick in tips if…
Mobile money interoperability in the Philippines took a step forward with the successful integration of the digital payments mobile app of PLDT and Smart Communications’ Paymaya Philippines with Globe Telecom’s mobile money service GCash. The interoperability…
Black Friday, the day after the Thanksgiving holiday in the US (celebrated on the fourth Thursday in November), and Cyber Monday, the first Monday after Thanksgiving, mark the start of the year-end holiday shopping season. Figures from the United States…
Samsung has launched a short, live beta test of its new mobile payment service. Samsung Pay, developed by Samsung Electronics, will soon be launched in its home market soon as a beta service for a 36 day trial period. Samsung Card says it will recruit beta…
South Korean heavyweights ranging from Internet to retail to tech companies are all paying keen attention to preoccupy the mobile payment system market, which hasn’t yet taken off. Since Daum Kakao first ignited the competition by rolling out its mobile…
