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Thailand Minister of Tourism and Sports Ms. Kobkarn Wattanavrangkul (center), Mr. Noppadon Pakprot (right), Deputy Governor for Tourism Products and Business, Tourism Authority of Thailand (TAT), and Mr. Suripong Tantiyanon (left), Visa Country Manager,…
Visa has teamed up with FinTech platform Validus to provide SMEs with virtual card solutions designed to help scale their businesses. The partnership seeks to unlock capital for SMEs to reinvest in their products and services. The solution has already been…
Thais are becoming increasingly confident in using electronic payments, as cash is seen as a hassle and unsafe to carry around, according to Visa’s research. In its third instalment, the 2016 Visa Consumer Payment Attitudes Study tracks the current attitudes…
Top Cashback platform ShopBack and global payment technology company Visa today announced a three-day Buka Puasa Treats ‘Jom Iftar Bersama ShopBack’ campaign, which will be organised in the form of online meals booking via ShopBack Malaysia’s Visa store from…
Mastercard, UnionPay International and Visa today introduced a Standardized Quick Response (QR) Code for payments, accelerating Thailand’s transition to a cashless society. The Standardized QR Code supports the Bank of Thailand’s cashless agenda to drive…
Kobkarn Wattanavrangkul, Minister of Tourism and Sports, recently welcomed Chris Clark, Visa Group Executive for Asia-Pacific, at the Ministry of Tourism and Sports. During the visit, Mr. Clark thanked Ms. Kobkarn for the 20 years of cooperation between Visa…
European luxury online retailer MyTheresa.com is launching a Korean-language site. Selling luxury womenswear and accessories from such brands as Chloe, Gucci, Miu Miu and Stella McCartney, the e-tailer says it has seen “huge growth potential” in South Korea.…
Citibank and Visa are partnering up to launch a B2B platform for companies in Singapore aimed at streamlining complex business purchasing processes. Reports Friday said the companies are rolling out an eProcurement platform, Renepay, based on a reverse…
Visa will soon be expanding its QR-based mobile payment service to ten more markets, including Indonesia, Pakistan and Vietnam. The service, named mVisa, is now live in India, Kenya and Rwanda, and will soon be available to merchants and consumers in the…
Shinhan Indo Finance Ltd (SIF), a subsidiary of South Korean credit issuer Shinhan Card, has launched its first credit card on the Indonesian market. The “ShinhanIndo Card Hi-Cash” comes in four different types to reach consumers from all segments, especially…
Indonesian tourism industries have expressed support to the adoption of visa-free policy by the government so far, citing positive impact on the tourism sector. The general chairman of the Association of Indonesian Tourism Industries (GIPI), Didien Junaedy,…
Burberry Korea is under fire for cutting prices “too little, too late”. It’s not the first time Burberry has been criticised for its Asian pricing strategy. Last May, Jack Chuang, a partner with Hong Kong-headquartered OC&C Strategy Consultants, said that of…
Suripong Tantiyanon (left), Visa Country Manager, Thailand and Noppadon Pakprot (right), Deputy Governor for Tourism Product and Business, Tourism Authority of Thailand (TAT), launch Thailand Spectacular Year End 2016, aiming to boost inbound tourist spending…
Demand for innovative payment solutions is on the rise in Thailand, according to global payments technology company Visa, as the value of transactions made by Thai cardholders continues its high-growth trajectory. Total payment volume for all Visa cards rose…
Visa has arranged to to acquire e-commerce payment authentication provider CardinalCommerce to improve the company’s cross-platform payments security capabilities. The transaction, which is subject to the customary closing conditions, is expected to close in…
Cashless payments are growing rapidly in Asia-Pacific and so is cybercrime, costing the region an estimated $US 81 billion. With new combinations of malware customised for local markets, phishing and social engineering attacks as well increasing e-commerce…
