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113 stories in this topic
In an environment marked by frail demand and severe competition, Chinese companies are allowing customers an extended period to clear their invoices. However, these businesses are still enduring extended periods waiting for overdue payments, a situation that…
In the evolving retail environment, merchants are faced with an abundance of platforms and technologies to engage with customers. This, according to Mastercard’s SVP of consumer acquisition and engagement, Johann Suchon, has given rise to a new challenge:…
The antiquated systems of cross-border payments are imposing a substantial financial burden on businesses in Singapore, confining billions of dollars in operational capital and diminishing economic efficiency. This is according to recent research conducted by…
At the 2026 Beijing International Automotive Exhibition, Banma Intelligence, a renowned Chinese tech corporation, partnered with fintech heavyweight Alipay to introduce a pioneering AI-enabled in-car system. This innovative technology allows drivers to…
The family of the late Chairman of the Samsung Group, Lee Kun-hee, is nearing the completion of a sizeable inheritance tax payment. The amount, approximately 12 trillion won ($7.95 billion USD), is expected to be settled later this month. Final Installment…
Crypto.com, a leading cryptocurrency platform, has further established its presence in Singapore’s highly regulated digital asset market with an enhanced partnership with DBS Bank, the largest bank in Southeast Asia in terms of assets. This latest development…
For many small businesses, especially in suburban and rural areas, the costs associated with traditional point-of-sale (POS) devices have posed a significant barrier to embracing modern payment methods. This disparity has highlighted a digital divide: regions…
BridgerPay, a payment technology pioneer in the payments industry, is proud to announce its transformation into a powerful omnichannel payment operations platform, bringing unparalleled control and flexibility to businesses seeking to streamline their payment…
Apple Pay has arrived in Vietnam, enabling users to make contactless money transactions through an iPhone or Apple Watch. Vietnam is the third country in Southeast Asia to allow Apple Pay after Malaysia and Singapore. Several lenders such as MB Bank and…
Digital wallet Apple Pay will soon be available in Vietnam. At least one bank has announced that it will soon support Apple Pay services. Sources have told VnExpress that three other major banks will also launch Apple Pay by the end of this month. Users can…
Some stores accept payment in cryptocurrency Pi but only partially and require buyers to pay mainly in cash. “I saw a post selling a used iPhone 11 and thought I could buy it with a dozen Pi tokens,” Thanh Son of HCMC said. But it turned out he could only pay…
Apple could be fined this coming week by the Netherlands’ ACM (Authority for Consumers and Markets) for continuing to take a cut of 15% to 30% of in-app payments for dating apps in the country that are downloaded from Apple’s App Store. Apple does not allow…
Meta is introducing a few new changes to the Facebook Messenger app. In a blog post, Meta announced that it is increasing the duration of voice messages to 30 minutes, compared to the previous 1-minute duration, and that Vanish Mode, the feature that allows…
The Swiss Bitcoin Association recommends the first technical standards for simplified payment verification (SPV) using digital currencies, eliminating the need to download entire the blockchain for transactions. Switzerland’s Bitcoin SV Technical Standards…
Australian authorities will revamp the regulatory landscape for digital payments, broadening its remit on online transaction providers, cryptocurrency exchanges, and the possible creation of a central bank digital currency. On crypto exchanges, Australia will…
The regional neighbors aim to boost cross-border collaborations that will strengthen Asean regional payments and provide financial inclusivity to Overseas Filipino Workers (OFWs) and micro-small-to-medium-sized enterprises (MSMEs). The central banks of…
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