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Singtel launches its cross-border mobile payment capabilities in Japan, joining a handful of sectors outside of finance making a run at market share in the payments business. Singtel’s VIA, cross-border mobile payment alliance in Asia, debuts first in Tokyo’s…
Trends come and go in the retail world, but one which undoubtedly appears to be here to stay is the shift in how consumers now choose to pay for goods and services. Physical cash has played an important part in retail for decades, but a recent announcement…
As e-wallets gain popularity in the region, credit cards are fighting back in a push to stay relevant through rewards, reduced fees, and improved customer experiences on digital and mobile. 2019 is a key year. This may be the year when mobile payments are…
Four in five Thai consumers (78 percent) have tried going cashless in 2018, compared to only fifty percent in previous year as confidence in digital payments grew, according to the 2018 Visa Consumer Payment Attitudes study (the “Study”). The study tracks…
India’s premium leather bag brand Kompanero plans to open 100 outlets by 2025. The company will open four stores, raising its network to 34, this year. “With four new stores in the pipeline, we are expanding our presence in existing cities with Express Avenue…
Vietnam’s central bank says the value of cashless transactions more than doubled over the first three quarters of 2018. The Department of Payments at the State Bank of Vietnam reported a strong rise in payments over electronic channels between January and…
Mobile payments at South Korean convenience stores have more than doubled this year thanks to the greater use of smartphones and the expansion of mobile settlement services. South Korea’s top convenience store chain CU said the number of so-called easy mobile…
WeChat, China’s most popular social media app, has launched its digital payments platform in Malaysia. It is the platform’s first market in Asia beyond China and Hong Kong. The digital payment feature of WeChat allow its users to transfer money among…
Mobile Credit Payment Pte. Ltd (“MC Payment” or the “Company”), an established blockchain and unified payments enabler in Asia Pacific, announced that it launched token-based wallet app, Moonie, for use at Artbox Singapore 2018. Artbox Singapore, held from…
A new study from Juniper Research predicts that 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up 30% from the 1.6 billion in 2017. The study claimed that while contactless card payments were far more…
AirAsia has joined the ranks of digital wallet providers with its own app, BigPay AirAsia Bhd Group chief executive officer Tan Sri Tony Fernandes announced the service on Twitter, saying it was part of AirAsia’s digital strategy. “One day this product will…
The Miu Miu Lady pop-up exhibition is in the midst of its Hong Kong stop, part of a global tour. At the centre of the Miu Miu pop-up are two giant handbags decorated with the jewel buckle for which the Prada-owned brand is renowned. The Hong Kong pop-up is…
Apple Inc’s online services support WeChat payment from yesterday under a tie-up between the US technology giant and Tencent, China’s top dot-com firm with almost 1 billion users. Apple users can purchase apps and subscribe to online music by bundling App…
Hong Kong digital wallet service TNG Wallet has partnered with convenience chain 7-Eleven to make top-up, payment and cash withdrawal services across more than 900 of the chain’s outlets in the city. The latest agreement brings TNG Wallet’s global cash…
In the mobile wallet business, volume business and long-term supplier contracts can deliver cost savings for buyers, according to market research firm Technavio. According a new report from the company, cost savings can be achieved through adoption of…
Global mobile wallet spending is on track to grow nearly 32% in 2017 to reach $1.35 trillion, a new study from Juniper Research predicts. Although at the moment transactions are concentrated in China and East Asia, the research firm predicts that brands such…
