Whether paying with contactless cards or mobile wallets, Thais prioritize security over convenience and are more likely to use contactless payment methods when they know strong security measures are in place, according to a recent study conducted by Visa. The…
Shoppers can now save money on luxury brands by combining reward points from their different Visa credit cards. The “Points for Brands” campaign enables customers with Visa credit cards issued from leading financial institutions in Thailand, including…
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…
Thai travelers to Singapore will benefit from exclusive offers, courtesy of Visa and the Singapore Tourism Board, throughout 2016. With a variety of attractions, Singapore offers something for every family member. This campaign, a collaboration between Visa…
Mr. Suripong Tantiyanon (second from left), Visa Country Manager, Thailand and Mr. Wiboon Nimitrwanich (second from right), Executive Director, Tourism Investment Department, Tourism Authority of Thailand presided over the launch of the Amazing Thailand Grand…
Chinese eCommerce pioneer Jack Ma has unveiled an Alibaba expansion plan aiming to quadruple its customer numbers to 2 billion by 2036. Alibaba is also aiming for a record 6 trillion yuan (US$912 billion) in gross merchandise volume (GMV) in 2020 from 3.09…
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…
Travelers looking to experience Thailand like locals can now find ideas and inspiration in Visa’s #notatourist platform. The “Visa #notatourist: See Thailand through Local Eyes” campaign aims to woo residents to share the many local experiences that otherwise…
Increased use of electronic payments, including credit, debit and prepaid cards, added US$3.18 billion (approximately THB 113 billion) or 0.19% GDP growth to Thailand’s economy from 2011 to 2015, the largest weighted average increase in Asia, according to…
Service providers and their millions of users are affected by a significant regulatory change to China online payments announced by the Chinese Central Bank. From July 1, third-party online payment service providers must ensure that all user accounts bear the…
Indonesia has granted visa-free facility to 169 countries including Sri Lanka under a new visa regulation. Indonesian President Joko Widodo has signed Presidential Regulation concerning Visit Visa Exemption early last month adding 79 countries to the list.…
WeChat has launched its payment service WeChat Pay in Hong Kong, including the new Wallet in-app payment feature. Wallet allows WeChat users to connect their MasterCard or Visa credit cards with their accounts to allow them to pay for products and services…
Electronic payments boost household spending on goods and services as well as boost GDP, according to a study commissioned by global payments technology company Visa. Moody’s Analytics investigated the impact of electronic payments on economic growth across…
According to Visa Consumer Payment Attitudes Study 2015, 67% of Malaysians shop online at least once a month, an increase from 53% in 2014. However, 81% of online shoppers in the country have abandoned a purchase because it took too much time to complete the…
South 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 (US$45.4…
Indonesia may be attracting almost double the number of global tourists than India but visitors from here are few and the southeast Asian country has decided to grant free visas to Indians to attract more travelers from India which is a “big market” for them.…