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U.S. President Donald Trump’s recent overhaul of the H-1B visa program is causing significant ripples across the tech sector, particularly in the recruitment strategies of U.S. firms that rely heavily on international talent. By introducing a staggering…
China’s new visa policies and tax refund reforms are having a transformative impact on international travel and retail in Shanghai, according to a recent report by Savills. The city has seen a remarkable increase in international arrivals and shopper…
China is pushing for Visa and Mastercard to lower their bank card transaction fees in the country, as part of an effort to facilitate payments for foreign visitors, Bloomberg News reported, citing a person familiar with the matter. According to a report…
China unveiled tighter rules late on Thursday to better regulate its $1.3 trillion credit card industry, urging lenders to adopt a “prudent” growth strategy, and monitor risks more closely. Banks are also barred from using the number of cards issued or market…
Amazon’s latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it’s not a crisis for the payment company. Amazon said last week that it would stop…
Crypto-linked spending on Visa cards topped $1 billion despite continued doubts about cryptocurrencies as a means of payment. Credit card giant Visa achieved the feat in just the first half of 2021, according to a statement, underlining more steps to make…
A new study by the payments giant reveals the growing popularity of digital payment methods such as online wallets, mobile contactless payments and QR code payments among Singaporeans. The ongoing Covid-19 pandemic is hastening the demise of cash-based…
Afterpay the leader in “Buy Now, Pay Later,” today announced a partnership with Stripe, the technology company building economic infrastructure for the internet. The two companies are joining forces to offer Afterpay’s payment service to Stripe merchants…
The multi-currency mobile wallet has inked a six-year partnership with Visa to grow its reach across Southeast Asia, starting with Malaysia and the Philippines. The two sides are banking on an international travel recovery and hope to solve a pain point for…
The three partners will collaborate on payment solutions aimed at addressing the under-served micro, small and medium enterprise (MSME) lending market. Singapore-headquartered fintech Lightnet Group has signed a memorandum of understanding with decentralized…
Visa, the world’s leading digital payments technology company, has teamed up with Stripe, a technology company that builds the economic infrastructure for the internet, to introduce a new set of solutions to help businesses pay and be paid on time. The new…
Visa has announced a five-year regional strategic partnership with e-commerce platform Shopee that intends to spur greater participation in Southeast Asia’s digital economy. The agreement includes collaboration on a number of initiatives to extend access to…
@Macau, the world’s biggest casino hub, is set to welcome an influx of gamblers after China announced that tourist visas would be reinstated for all provinces. Residents from Zhuhai city across the border from Macau are permitted from tomorrow, August 12.…
Visa, today announced a commitment to support 10 million small businesses across Asia Pacific in an effort to get local communities back to business in the wake of the COVID-19 pandemic. Visa is introducing a range of programs and solutions to help small and…
Visa, the world’s leader in digital payments, today released findings from its Visa Consumer Payment Attitudes study (the “Study”), that show almost eight in ten Thais (79 percent) are using contactless payments more often than they did two years ago. The…
Other than the very obvious health concerns caused by COVID-19, the ongoing pandemic is also causing much economic trouble. Apple introduced a customer assistance program for Apple Card users to help offset financial concerns. Many Apple Card users on Reddit…
