Cards & Payments

2 Mar 21
Banks and payment firms are stepping up their card game to encourage cashless spending.
26 Feb 21
Whilst it may improve payment systems, card firms and payment platforms won’t be happy with the potential new competition.
23 Feb 21
Buy now, pay later solutions are popular amongst Millennials.
19 Feb 21
It will facilitate local collections through payments platform provider 2C2P.
16 Feb 21
Growing adoptiong of QR payments is driving mobile wallet usage in the country.
15 Feb 21
More than half of businesses in the country now accepts Singapore Quick Response Code.
29 Jan 21
Ride hailing and e-commerce firms are driving the e-payments revolution, eroding banks’ hold.
26 Jan 21
Rising financial inclusion and improvements in the payments infrastructure drove growth.
21 Jan 21
Whilst COVID-19 hampered this rise, growth is expected to pick up again through 2024.
18 Jan 21
It bought the remaining 30% stake of GoPay last December.
12 Jan 21
Bank transfers made up 30.7% of the local payments market in 2020.
5 Jan 21
DPT activities carry higher inherent money laundering and terrorism financing risks.
5 Jan 21
They can even set a part of their salaries to be automatically transferred to their Revolut wallet.
4 Jan 21
Seven in 10 consumers shopping online increased their use of digital payment methods.
15 Dec 20
The government has pushed banks to cut rates on credit card balances.
8 Dec 20
Fourth wave of infections to further erode consumer confidence in the near term.
4 Dec 20
The firm reportedly expanded its Singapore team by nearly 30% during the pandemic.
24 Nov 20
The market’s growth slowed to 11% in 2020 from last year’s 35.3% surge.
23 Nov 20
Benefits include a loyalty programme and 0% retail installment.
17 Nov 20
The entrance of WeChat Pay is expected to intensify competition in the payments space.
4 Nov 20
Consumer spending fluctuated amidst waves of new coronavirus cases.
29 Oct 20
Merchantrade is Malaysia’s largest money services operator, with over 1,700 touchpoints.
27 Oct 20
An estimated 23.5 billion mobile wallet transactions are expected to occur in 2020.
27 Oct 20
Thousands are applying for debt workouts.
21 Oct 20
Card payments is estimated to grow by 2.3% in 2020 and reach $82.8b by 2024.
21 Oct 20
The card harvests energy from payment terminals to power its sensor.
20 Oct 20
Customers can use it to transfer money, apply for loans, and pay through the LINE app.
19 Oct 20
But it is bound for a 7% recovery come 2021.
30 Sep 20
All customer funds shall be returned by 14 October.
29 Sep 20
Credit, debit card payments account for 36.8% of the country’s total e-commerce value.
28 Sep 20
It features a total of four payment types.
25 Sep 20
Customers will be able to make payments without using a physical card.
25 Sep 20
All cards under the startup are now available under Google Pay.
22 Sep 20
‘Buy now, pay later’ schemes are on the rise especially amongst millennials.
9 Sep 20
International e-wallets such as Google Pay and Masterpass are gaining steam.
8 Sep 20
Share in transactions hit 54% this year.
2 Sep 20
The bank can now provide custody services to Chinese mutual and private funds.
25 Aug 20
It also plans to appoint a country business development manager.
24 Aug 20
Real estate salespersons will now be able to instantly use their commissions.
18 Aug 20
Card members can enjoy a zero-interest installment at thousands of merchants in Vietnam.